The East African Community partner states have agreed on the outstanding trade issues under the Tripartite Free Trade Area (TFTA).
The EAC partners are expected to present their offer to the other TFTA members for a decision at the upcoming meeting in Kigali this week.
If adopted, the deal will pave the way for EAC goods to enter larger markets such as South Africa, Egypt, Ethiopia and Eritrea beginning next year when the TFTA comes into full force.
The pending issues the five countries have already agreed on include rules of origin, liberalisation of tariff offers and dispute settlement. They have agreed to liberalise 63 per cent of their tariff lines to the other TFTA partners and 37 per cent of tariff lines to be liberalised and further negotiated. Read more. Source | The East African