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Boost to manufacturers as EAC relaxes rules on goods produced in the region

Published on March 21, 2016

Local industries have received a major boost after the East African Community relaxed the rules on goods made in partner states.

According to the revised rules of origin, goods made in partner states will now be sold duty-free.

The more accommodating rules of origin have been under discussion for a year, and are expected to promote locally manufactured goods to increase intra-regional trade.

The biggest beneficiaries of the revised rules of origin are steel companies, East African Breweries Ltd, General Motors, Kenya Vehicle Manufacturers, Kensalt Ltd and Mikoani Traders, whose products will now benefit the preferential tariff treatment. Read more. Source | East African