The East African Community (EAC) Member States are fine tuning modalities of setting up a single customs regime in order to promote cross border trade, have officials.
Heads of revenue authorities from Burundi, Kenya, Tanzania, Rwanda and Uganda, who met in Nairobi, said that countries have been harmonizing policy and legislative frameworks to fast-track the establishment of a single customs territory (SCT).
"The process of establishing a single customs territory in the region has not encountered any hitches and would be completed in three years time," Kenya Revenue Authority (KRA) Commissioner General John Njiraini said in Nairobi.
East African Heads of States have approved the uniform customs regime to ease cross border movement of goods and services. Read more. Source | Coastweek