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Advancing East Africa’s development priorities through Trade

Published on September 24, 2015

Today, East African countries integration efforts are at a crucial juncture. The region is facing a complex web of closely interlinked and overlapping trade integration opportunities at the multilateral, regional and bilateral level, with a variety of partners. On the one hand, efforts towards increased convergence among existing regional integration process such as EAC, SADC and COMESA in the context of the TFTA and subsequently the CFTA initiative, raise significant complexities but also an enormous potential to unleash major economic gains.

On the other hand, East Africa is developing significant trade and investment relationships with rapidly growing emerging economies such as India or China. The region also maintains close links with large traditional trading partners albeit through somehow more asymmetrical relations. Finally, East Africa needs to position itself vis-à-vis recent trends towards the negotiations of so-called mega-regional initiatives outside the continent such as the TPP, TTIP or RCEP. Read more. Source | International Centre for Trade and Sustainable Development