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 December 09, 2015
East Africa Trade and Investment Hub Gender Strategy. The East African Community (EAC) was created to promote cooperation between member states in order to drive regional economic competitiveness, value added production, trade and investments.Women are present in the region’s trade and export space but there is still a gendered structure to the economy. Men dominate most high-growth sectors and women are missing from the higher end of value chains. Where women are present in high numbers it is often as laborers or unskilled workers and not in management or ownership positions. Where women-led firms are present, they often have difficulty growing beyond the SME level, hindering their ability to succeed in export markets and act as catalysts for drawing investment to the region. Lower access to resources in comparison to their male peers impacts women at all levels and sectors. Constraints around access to information, finances, and inputs are compounded with lower capacity and higher time demands associated with social expectations that women carry the majority of home care responsibilities.
Published on September 11, 2015
The Protocol on the Establishment of the East African Community (EAC) Common Market provides for "Four Freedoms", namely: the free movement of goods, labour, services, and capital, which will significantly boost trade and investments and make the region more productive and prosperous.
The EAC, however, still has a long way to go to achieve this goal. The Hub is partnering closely with the private sector, across the region to ensure full, appropriate and timely implementation of the protocol. Listen to the Hub's Trade Policy expert discuss the Protocol, free movement of capital and the Hub's interventions with the private sector:
Published on March 05, 2015
The East African Court of Justice has cleared the way for South Sudan to join the East African community by dismissing a case against its accession bid. Read more. Source | The East African
Published on March 03, 2015
Efforts to remove trade barriers between the East African Community and the US have started in earnest. This follows the signing of a cooperation agreement on trade facilitation between the two last week. According to the Cabinet secretary for East African Affairs, Commerce and Tourism, Ms Phyllis Kandie, the move is set to enhance capacity for trade between the US and EAC.
“This will also make the region an attractive destination for investment and at the same time open up the US market for EAC exports,” noted Ms Kandie. Read more. Source | Daily Nation
Published on February 27, 2015
Trade Indicators Handbook. Trade performance improves when a country’s exports or imports of goods and/or services increase. USAID strategy papers define trade and investment as the principal mechanisms through which global market forces generate growth in developing countries.
Published on September 05, 2013
Strengthening the Region’s Sanitary and Phytosanitary (SPS) Systems: Accelerating Regional Trade Brief . The International Plant Protection Convention mandates that trading partners share information regarding pest status, or Sanitary and Phytosanitary Standards .
The East Africa Trade Hub worked with the Center of Phytosanitary Excellence and the East African Phytosanitary Information Committee to charter a process for developing regional pest lists. This initiative was aimed at streamlining and shortening the SPS inspection process at East Africa Community borders and expedite the movement of staples around the region.