High cost of intra-EA cash transfers slows the Common Market
World Bank data shows that some money remittance corridors in the region are among the most expensive in the world, much higher than the global average.
Source: theeastafrican.co.ke
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NTBs cost region $16m, threatening intra-EAC trade
Of the nine unresolved barriers, Tanzania and Uganda have highest number, with Dodoma having four and Kampala three. EAC bosses want these resolved by June this year.
Source: theeastafrican.co.ke
Non-tariff barriers cost region $16 million, threatening intra-EAC trade
Of the nine unresolved barriers, Tanzania and Uganda have highest number, with Dodoma having four and Kampala three. EAC bosses want these resolved by June this year.
Source: thecitizen.co.tz
EAC external trade grows as member states imposes more barriers
Total intra-EAC trade grew by 11.2pc from $9.81 billion in 2021 to $10.91 billion in 2022.
Source: theeastafrican.co.ke
Intra-EAC trade slumps after execution of 35pc tax on imports
Top among the challenges is misclassification of the products in the CET bands, in particular processing of intermediate inputs.
Source: theeastafrican.co.ke