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U.S. moves toward greater trade with the East African Community

Published on March 02, 2015

The U.S. completed a deal that commits the five East African countries to reducing trade barriers in a plan that also provides them with technical assistance to export mostly African agricultural products to American consumers.Private-sector analysts said they view the US-EAC Trade Ministerial on Cooperation Agreement as a major step toward a full free-trade agreement on a continent where the U.S. has no such accords.

The countries in the East African Community trading bloc—Burundi, Kenya, Rwanda, Tanzania and Uganda—have been strategic partners with the U.S. in a bilateral trade initiative since 2013. Read more. Source | Wall Street Journal