Video guest: Josephine Mwangi

October 2017
M T W T F S S
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Thursday, 01 December 2016

East Africa: EPA Fallout Could Affect Trade

The consequence of the possible refusal by Tanzania to sign the Economic Partnership Agreement (EPA) is so great that it might undermine trade within the East African Community (EAC) and beyond, experts have warned. If Tanzania digs in to block the EPA deal with the European Union, some analysts worry, there is a high possibility that the Customs Union, which aims to ensure partner states trade freely among themselves, will suffer the biggest blow. "The Customs Union will be greatly shaken in the event that some EAC countries accept EPA while others reject it. Unless a formula is designed to address this, EAC could end up operating two customs unions," said an Arusha-based trade expert, who spoke on condition of anonymity. He said there was a likelihood that Tanzania would maintain its "hardline" position during the next Heads of State Summit slated for January/February next year.

Source: allafrica.com