East Africa is witnessing a flourishing trade, thanks to heavy investments in trade infrastructure and dismantling of bureaucratic and procedural barriers to economic integration, according to TradeMark East Africa.
TMEA said during the launch of their 2013/14 annual report in Dar es Salaam last week that investments in trade infrastructure as well as the dismantling of bureaucratic and procedural barriers to economic integration were positioning the EAC region as the destination of choice for doing business.
It said that encouraging results achieved over the past year, including investments at key ports have resulted in reduced cargo transit times on East Africa’s main transport corridors, and accelerated implementation of the EAC’s Single Customs Territory. Read more. Source | Daily News