{{The East African Community (EAC) wants the trade facilitation component of the EAC-US Trade and Investment Partnership to be fast-tracked by the two sides agreeing on trade capacity priorities, the bloc’s Secretariat has said in its latest dispatch to the media.}}
“We would like the trade facilitating agreement to be consultative by including the private sector; it will thus be ideal that these consultations are made within the region to allow stakeholders’ optimal participation,” said the EAC secretary general, Dr Richard Sezibera, when he met US Trade Representative, Ambasaador Michael Froman in Dar es Salaam last week.
Dr Sezibera and Froman, who was in the delegation of the US President Barack Obama during last week’s state visit, discussed matters pertaining to further facilitating trade and investments within the East African region as well as enhancing trade between the bloc and the United States.
The discussion centred around the 2012 EAC-US Trade and Investment Partnership – an initiative aimed at supporting economic integration of the EAC and enhancing the EAC-US trade and investment relationship.
The community chief highlighted priority projects to be undertaken including fast tracking trade facilitation and establishment of one-stop border posts.
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