EABC holds talks for policy agenda to increase intra-EAC trade by 30%
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The East African Business Council (EABC) has convened trade and policy experts from the EAC Partner States virtually, to map out a joint regional policy advocacy agenda geared to increase intra-EAC trade by 30%. The meeting was done in partnership with the Federation of German Industries (BDI).
“The COVID-19 pandemic has compelled EABC to refocus and repurpose policy advocacy initiatives towards economic resilience and rebound including stimulus packages to support business continuity,” said Dr. Peter Mutuku Mathuki, EABC CEO in his opening remarks.
Total EAC exports decreased by 4.7% percent to Ksh. 1.53 trillion ($14.0 billion) in 2018 from Ksh. 1.61 trillion($14.7 billion) in 2017 of which, intra-EAC exports accounted for 22.4%.