{"id":70134,"date":"2022-10-03T15:45:20","date_gmt":"2022-10-03T15:45:20","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade"},"modified":"2022-10-03T16:11:05","modified_gmt":"2022-10-03T16:11:05","slug":"eac-to-ride-on-special-economic-zones-to-ease-regional-trade","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade","title":{"rendered":"EAC to ride on special economic zones to ease regional trade"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Hurdles in the movement of goods and service within the East African Community (EAC) still pose a major trade barrier in the region, according to Uganda’s Treasury Permanent secretary Ramadhan Ggoobi.<\/p>\n

He said the country is pushing for harmonisation of non-tariff barriers in the region to drive trade in the six-member trading block.<\/p>\n

The PS said the country is in the process of setting up Special Economic Zones (SEZs) as part of its drive to attract investors.<\/p>\n

Ggoobi spoke when he led a Ugandan delegation in a visit to Tatu City which is Kenya’s first SEZ to learn about its operations. The visit followed one by Uganda’s National Assembly Finance Committee.<\/p>\n

Among them, the non tariff barriers and absence of Special Economic Zones (SEZs) in some of the countries under the block.<\/p>\n

“We are here because Kenya is a leader in Special Economic Zones and we believe Tatu City will provide us with a good opportunity to lear,” said Ggoobi.<\/p>\n

He said Uganda would initiate further talks at the EAC towards the harmonisation of non-tariff barriers to facilitate easier trade between member states.<\/p>\n

The EAC partners in the recent past have had squabbles over trade rules, for instance, Rwanda and the Democratic Republic of Congo closing boarders to trade.<\/p>\n

This was over security concerns in the face of violence blamed on the resurgence of M23 rebel group.<\/p>\n

In June, Uganda threatened to withdraw duty remission in retaliation to a trade war with Kenya involving agricultural products, blaming Kenya of persistent introduction of tax measures on Uganda\u2019s exports.<\/p>\n

Tanzania and Kenya have in recent past had a trade dispute where Kenya claimed that Tanzania had doubled the cost of export permits by 93 per cent.<\/p>\n

Tatu City\u2019s executive vice president Solomon Mahinda described the bench-marking visit as a demonstration by the EAC community of a readiness to collaborate and accelerate the ease of doing business.<\/p>\n

\u201cThere is potential for regional cooperation on the regulatory environment for SEZs to spur investment, trade and job creation,” Mahinda said.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Hurdles in the movement of goods and service within the East African Community (EAC) still pose a major trade barrier in the region, according to Uganda’s Treasury Permanent secretary Ramadhan Ggoobi. He said the country is pushing for harmonisation of non-tariff barriers in the region to drive trade in the six-member trading […]<\/p>\n","protected":false},"author":84,"featured_media":70133,"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-70134","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 to ride on special economic zones to ease regional trade - kenya<\/title>\n<meta name=\"description\" content=\"Hurdles in the movement of goods and service within the East African Community (EAC) still pose a major trade barrier in ...\" \/>\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-to-ride-on-special-economic-zones-to-ease-regional-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAC to ride on special economic zones to ease regional trade\" \/>\n<meta property=\"og:description\" content=\"Hurdles in the movement of goods and service within the East African Community (EAC) still pose a major trade barrier in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade\" \/>\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=\"2022-10-03T15:45:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-03T16:11:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2022\/10\/postQueueImg_18-633b096eb1838.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-to-ride-on-special-economic-zones-to-ease-regional-trade#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"EAC to ride on special economic zones to ease regional trade\",\"datePublished\":\"2022-10-03T15:45:20+00:00\",\"dateModified\":\"2022-10-03T16:11:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2022\/10\/postQueueImg_18-633b096eb1838.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-to-ride-on-special-economic-zones-to-ease-regional-trade#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/eac-to-ride-on-special-economic-zones-to-ease-regional-trade\",\"name\":\"EAC to ride on special economic zones to ease regional trade - 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