The East African Community will roll out improved Customs Union Rules of Origin in the next fiscal year, promising a better future for cross-border trade.
The EAC Customs Union Protocol, which came into force in 2005, provides for the rules of origin, but since its inception, the business community has been complaining about its applicability.
“It is our expectation that the new rules of origin will spur intra-EAC trade as they are more flexible for the private sector to comply with compared with the former ones,” said Adrian Njau, a trade economist at the East African Business Council. Read more. Source | East African