The East Africa Trade and Investment Hub works to promote a more predictable, transparent and enabling business environment in East Africa, conducive to trade competitiveness and accelerated investment. Over the course of five years, activities under this component will achieve a 100 percent increase in the value of intra-regional trade in the EAC by advancing the implementation of the principles of regional integration, and enabling partner states to comply with intra-regional and international trade agreements and conformity to international standards.
The Hub team works closely with a network of private businesses, investment firms and trade associations, as well as other development partners, to gather, collate and assess evidence for trade policy and regulatory reform. It then initiates dialogue with policy makers and regulators.
Over the last two years, the Hub’s trade policy and regulatory reform activities helped achieve a 39% increase in intra-regional trade within the EAC. Hub activities supported the acceleration of the compliance by the EAC Partner States with the U.S.-EAC Cooperation Agreement, implementation of the EAC Common Market Protocol (CMP) and enabling policies for an improved business ecosystem.
Under the U.S.-EAC Cooperation Agreement, the Hub has supported both regional and national level WTO TBT and SPS compliance. With Hub's support, all EAC Partner States adopted the ePing electronic notification system (ENS); ENS meets the obligation for notification under the Cooperation Agreement on Trade Facilitation, SPS and TBT (an agreement that requires EAC Partner States to establish an effective process to ensure that they notify proposed measures on TBT and SPS to other WTO members). ePing will also allow the Partner States to access other WTO members' TBT and SPS measure notifications, and facilitate dialogue among the public and private sector in addressing potential trade problems at an early stage. Currently, both Uganda and Rwanda have adopted the ePing system, with Tanzania and Kenya agreeing in principle to use the system. Watch the video below:
Related Blogs and Resources
Published on June 22, 2016
Zanzibar's private sector primarily consists of micro, small & medium-sized enterprises, 88 percent of which are informal and unregistered. The private sector employs about 95 percent of the island’s labor force. However, there is little awareness among Zanzibar's private sector about the East African Community (EAC) Common Market and the potential benefits the island nation could reap from maximizing inter-regional trade through the provisions of the EAC Common Market Protocol.
In June, the Hub held a public private dialogue in Zanzibar to assess challenges to implementation of the EAC Common Market Protocol and pave a way forward.
Watch a recap of the event here:
Published on June 03, 2016
Trading Into Sustainable Development is a product of the United Nations Conference on Trade and Development (UNCTAD). It examines various interactions between trade policy, with a specific focus on market access conditions, and factors that constitute the basis for achieving sustainable development.The report also presents recent evidence on the importance of enhancing connectivity to international markets as the most effective policy action that complements market access for both exports and imports.
Visit the Knowledge Center for this report and more.
Published on May 12, 2016
Tea farmers with less than eight hectares under cultivation will be allowed to grow and process new varieties rather than sell raw leaf.
Agriculture, Fisheries and Food Authority is set to release new guidelines that will accommodate the changes to govern the sector.
Samuel Ogola, technical services manager at Agriculture, Fisheries and Food said,
We intend to unveil new guidelines for manufacturing specialty teas before the end of the second quarter. This will help increase the availability of planting material and manufacturing facilities, which are required to enable farmers embrace the new tea varieties
Kenya is seeking to diversify from black tea that accounts for 95 per cent of its overall production to raise the beverage’s revenue. Read more. Source | Business Daily
Published on May 05, 2016
The January 2016 edition of Global Economic Prospects discusses current global and regional economic developments and prospects, analyzing key challenges and opportunities confronting developing countries. It also highlights spillovers from large emerging markets and macroeconomic vulnerabilities during resource development.
Biannually (January and June), it examines global economic developments and prospects, with a special focus on developing countries, as well as analysis of topical policy challenges faced by developing countries through in-depth research detailed in this edition.
Visit the knowledge center for this report and more.
Published on April 29, 2016
The WTO World Trade Report focuses on the benefits of the WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text.
The WTO has also published a companion app (on iTunes, Android, and Amazon app stores) to the report. The app includes the full text of the Report plus the underlying data for all charts and tables in the Report. It also contains a video and photos of the launch event.
Go to our knowledge center for this report and more.
Published on April 29, 2016
The WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013, is the first multilateral trade agreement concluded since the establishment of the WTO in 1995. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text.The WTO Trade Facilitation Agreement (TFA), which was agreed by WTO members at the Ministerial Conference in Bali in December 2013, is the first multilateral trade agreement concluded since the establishment of the WTO in 1995. The 2015 World Trade Report is the first detailed study of the potential impacts of the TFA based on a full analysis of the final agreement text.Download here
Get the companion app from the iTunes, Android, Amazon app stores.
The Report’s findings are consistent with existing studies on the scale of potential benefits from trade facilitation, but it goes further by identifying and examining in detail a range of other benefits from the TFA. These include diversification of exports from developing countries and least-developed countries to include new products and partners, increased involvement of these countries in global value chains, expanded participation of small and medium-sized enterprises in international trade, increased foreign direct investment, greater revenue collection and reduced incidence of corruption.The Report also looks into the challenges of implementing the Trade Facilitation Agreement and examines how a new facility, launched in 2014 by WTO Director-General Roberto Azevêdo, will provide support to help developing countries implement the Agreement.
Published on April 21, 2016
Holders of East African Community (EAC) passports who previously were limited to travelling to only five countries will from next year be able to cover other parts of the world.Speaking after a sensitisation seminar for Members of Parliament (MPs) of the Standing Order Committees on the integration process, the chairman of Tanzanian MPs in the EA Legislative Assembly (EALA), Mr Makongoro Nyerere, said that this comes after presidents of member states signed an agreement. Read more. Source: AllAfrica.
Published on April 21, 2016
How can Africa mitigate the potential negative impacts of mega-regional trade agreements and support its structural transformation efforts through trade?Since the early 2000s, regional trade agreements (RTAs) – allowed under WTO rules – have flourished. Interestingly, this development has taken place in the context of minimal progress in multilateral trade negotiations, thereby suggesting strong interest by many countries to consider regional markets as an important avenue for expanding trade. The emergence of mega-regional trade agreements (MRTAs), which gather together not just neighbouring countries and account for large shares of world GDP and population, attests to this trend. Read more. Source: ICTSD Bridges.