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Ugandan investors negotiate tough junction into EAC

Published on July 05, 2016

The EAC Common Market protocol is the second stage of the regional integration process that came into force on July 1, 2010, following ratification by all the partner states: Burundi, Kenya, Rwanda, Tanzania, Uganda and now South Sudan – the newly admitted member state.

The protocol establishment is in line with the provisions of the EAC Treaty. It provides for “Four Freedoms”, namely the free movement of goods; labour; services; and capital, which will significantly boost trade and investments and make the region more productive and prosperous.

Contrary to what their counterparts who have raised their respective national flags high making use of the freedoms through investing into other member states, Uganda is taking baby steps. Read more. Source | Daily Monitor