{"id":31170,"date":"2021-07-09T16:04:52","date_gmt":"2021-07-09T16:04:52","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/?p=31170"},"modified":"2021-07-09T13:50:04","modified_gmt":"2021-07-09T13:50:04","slug":"eac-region-hold-talks-on-strengthening-regions-private-sector","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector","title":{"rendered":"EAC region hold talks on strengthening region’s private sector"},"content":{"rendered":"

Africa-Press<\/a> – Kenya<\/a>. <\/strong><\/span>Private sector development and resolution of trade barriers remain top priorities for the East African Community (EAC), the bloc’s Secretary-General, Peter Mathuki has said.<\/p>\n

The move is set to increase Intra-EAC trade and promote the region as an investment destination.<\/p>\n

Mathuki said this while meeting with the new East African Business Council (EABC) Executive Director\/CEO, John Kalisa at the EAC Headquarters in Arusha, Tanzania.<\/p>\n

Receiving Kalisa and the EABC delegation, Mathuki noted that the private sector is key to fast-tracking regional integration and reiterated his commitment to collaborating with EABC to strengthen private sector development in the region.<\/p>\n

\u201cFollowing my engagements with EAC Heads of State over the past two months, a strong private sector and public sector partnership is the engine in driving the Community to prosperity,\u201d Mathuki said.<\/p>\n

Mathuki reiterated his support for EABC by prioritizing issues articulated and advocated for, noting that under the Treaty for the Establishment of the EAC, the integration process is private sector-driven and market-led.<\/p>\n

\u201cThe adoption of a coordinated approach in handling Covid-19 and the free flow of goods and movement of persons across EAC borders are some of the issues I\u2019m keen on improving,\u201d he said.<\/p>\n

Kalisa called for re-energizing of the EAC – EABC Private Sector Technical Working Groups in a move set to create a platform to deliberate on sustainable solutions in addressing issues hampering trade.<\/p>\n

\u201cThe private sector is a key player in job creation and development of the region and should thus take center stage in the regional integration agenda,\u201d he said.<\/p>\n

He also called for the revival of EABC- EAC Roundtables at National Level and engagements of the region’s private sector with EAC Council of Ministers.<\/p>\n

\u201cIntra EAC trade is still below 20%. It\u2019s only through collaborative efforts and working in harmony that we can propel the region to attract investment,\u201d he said.<\/p>\n

Kalisa further urged the SG to push for the finalization of the EAC Common External Tariff and harmonization of domestic taxes and standards in the region to boost trade.<\/p>\n

\u201cAdoption of a coordinated approach in handling Covid-19 and harmonization of Covid-19 charges should also be prioritized by the Secretariat,\u201d he added.<\/p>\n

EABC and EAC committed to deepening partnership, to ensure double-digit growth in economic, investment and job creation growth in the region.<\/p>\n

The East African Community (EAC) economic bloc is projected to grow at 3.6 percent this year on account of ease in trade.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Private sector development and resolution of trade barriers remain top priorities for the East African Community (EAC), the bloc’s Secretary-General, Peter Mathuki has said. The move is set to increase Intra-EAC trade and promote the region as an investment destination. Mathuki said this while meeting with the new East African Business Council […]<\/p>\n","protected":false},"author":84,"featured_media":31169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-31170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"\nEAC region hold talks on strengthening region's private sector - kenya<\/title>\n<meta name=\"description\" content=\"Private sector development and resolution of trade barriers remain top priorities for the East African Community (EAC), ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAC region hold talks on strengthening region's private sector\" \/>\n<meta property=\"og:description\" content=\"Private sector development and resolution of trade barriers remain top priorities for the East African Community (EAC), ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-09T16:04:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60e853f4356a0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"EAC region hold talks on strengthening region’s private sector\",\"datePublished\":\"2021-07-09T16:04:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\"},\"wordCount\":417,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2021\/07\/img-60e853f4356a0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-region-hold-talks-on-strengthening-regions-private-sector\",\"name\":\"EAC region hold talks on strengthening region's private sector - 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