{{Delegates convened in Uganda on regional trade discussions have called for the need of partner states to make further commitments under the liberalization of labor and services sectors. }}<\/p>\n
It was observed that the harmonization of laws is still so low among the partner states and called for urgent intervention to towards improving this. <\/p>\n
Regional experts meeting in Entebbe city have also observed an increase in free movement of goods between member states.<\/p>\n
Free movement of labour within the EAC region is still limited. However, trade growth has been reported in the past 7 years since inception of the Common Market Protocol.<\/p>\n
It has also been noted that without full implementation of the common market protocol, nothing would be constructive in the regional integration.<\/p>\n
\u201cRwanda and Burundi’s revenue grew by 20% between 2008 and 2010 the revenue\/ GDP ratio has stagnated over the period in all the partner states between Kenya at 22%, Tanzania 18%, Uganda and Rwanda at 12.5%,\u201d he said.<\/p>\n
Trade performance had shot with total intra- trade figures growing from $1.6 billion in 2005 to $3.8 billion in 2010 which is more than 100% increase. \u201cPercentage of intra trade to total trade has increased from 7.8% in 2006 to 11.4% in 2010. Total EAC exports grew from $6.4 billion in 2006 to 11.1 billion in 2010 hence 73% increase.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Delegates convened in Uganda on regional trade discussions have called for the need of partner states to make further commitments under the liberalization of labor and services sectors. }} It was observed that the harmonization of laws is still so low among the partner states and called for urgent intervention to towards improving this. Regional […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[99],"byline":[170],"hashtag":[],"class_list":["post-4018","post","type-post","status-publish","format-standard","hentry","category-news","tag-greatlakesnews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=4018"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/4018\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=4018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=4018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=4018"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=4018"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=4018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}