EAC Economic Integration Priorities: Minimising trade diversion and maximising trade creation Google+

Sunday, May 15, 2011

EAC Economic Integration Priorities: Minimising trade diversion and maximising trade creation


EAC economic integration priorities
should be focused on minimising trade diversion and maximising trade creation through a single Customs territory, Monetary Union and infrastructure development.
While addressing his maiden press conference at the EAC Secretariat headquarters on May 10th 2011 in Arusha, the new Secretary General of the EAC Amb. Dr. Richard Sezibera identified the realization of a single Customs territory, making the Common Market work, achieving a Monetary Union, infrastructure development and industrialization as the priorities for his term. These priorities for EAC economic integration appear appealing on the face value. They are any not farfetched; they actually reflect the ambition of the Community. However, Amb Richard Sezibera will have to solve the challenges ahead of him if he is to achieve the listed priorities.Read more about EAC priorities on economic integration and trade in respect to maximising trade creation and minimising trade diversion

No comments:

hostgator coupon