Date set for signing EAC market protocol

Presidents of
Tanzania, His Excellency Jakaya Kikwete
Uganda,   His Excellency Yoweri Kaguta Museveni
Kenya,     His Excellency Mwai Kibaki
Burundi,   His Excellency Pierre Nkurunziza
Rwanda,   His Excellency Paul Kagame

East African Community


The signing of the long-awaited East African
Community Common Market Protocol will finally
take place during the climax of
EAC's 10th anniversary on November 20, 2009
in Arusha, Tanzania the secretariat has confirmed.

This will mean that when the protocol comes
into force next July, there will be free movement
of goods from one EAC country to the other.

Industries in the region will also have to set
their sights on serving a larger market
comprising over 100 million people within the region.

The protocol will be signed by the five EAC heads
of state during their summit here, according to
a statement by the directorate of
corporate information and public affairs.

The EAC common market is among key areas
of regional economic integration, which was
launched in January 2005.

It will also be a significant step towards
the envisaged monetary union.

The foundation stone for EAC's headquarters
complex to be constructed in Arusha will also be
performed by the presidents of Tanzania, Uganda,
Kenya, Burundi and Rwanda.

Link here


No comments:

Post a Comment