{"id":9416,"date":"2020-05-26T18:13:12","date_gmt":"2020-05-26T18:13:12","guid":{"rendered":"https:\/\/www.africa-press.com\/tanzania\/?p=9416"},"modified":"2020-05-26T18:13:12","modified_gmt":"2020-05-26T18:13:12","slug":"eac-mulls-comparative-advantage-principle","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle","title":{"rendered":"EAC MULLS COMPARATIVE ADVANTAGE PRINCIPLE"},"content":{"rendered":"

AfricaPress-Tanzania:<\/strong> AS coronavirus pandemic effects are being felt across the East African Community (EAC), the community feels the need to embrace the principle of comparative advan- tage so as to keep business going and bring life back to normalcy.<\/p>\n

The idea has been floated just a few days after Presi- dent John Magufuli and his Kenyan counterpart, Mr Uhuru Kenyatta conversed and solved a border dispute about truck drivers crossing from one country to another.<\/p>\n

Tanzania has, from the beginning opted for no lockdown practice and the move has since paid off.<\/p>\n

Speaking on behalf of EAC Secretary General, Ambassador Liberat Mfumukeko, Kenya\u2019s EAC Affairs and Regional Development Cabinet Secretary (CS), Mr Adan Mohammed said that the aim of embracing the principle was to keep regional trade going and that EAC remains united and together defeat the Covid-19 for common good.<\/p>\n

\u201cWe must therefore strengthen our trade bond and utilise the principle of comparative advantage to keep regional trade going,\u201d said the CS upon handing over mobile labs from the EAC Secretariat to Kenya.<\/p>\n

\u201cEAC must remain to- gether to defeat this disease for our common good,\u201d added Mr Mohammed.<\/p>\n

The principle refers to an economy\u2019s ability to produce goods and services at a lower opportunity cost than that of trade partners.<\/p>\n

A comparative advantage gives a company the ability to sell goods and services at a lower price than its competi- tors and realise stronger sales margins.<\/p>\n

The law of comparative advantage is popularly attributed to English political economist David Ricardo and his book \u201cOn the Principles of Political Economy and Taxation\u201d in 1817, although it is probable that Ricardo\u2019s mentor James Mill originated the analysis.<\/p>\n

CS Mohammed disclosed that the government of the Federal Republic of Germany had availed 23 million Euros to the EAC Network of Public Health Reference Laboratories for the supply of equipment and capacity building health professionals charged with the responsibility of combating communi- cable diseases in the region.<\/p>\n

He noted that Kenya and other EAC partner states continue to implement the existing EAC protocols to ensure that the region is cushioned from the devastating impact of the Covid 19 pandemic.<\/p>\n

\u201cWe continue to provide policy guidance to ensure re- gional trade continues unin- terrupted.<\/p>\n

We have enhanced surveillance along the transit corridors by carrying out screening of truck drivers and crew at the One Stop Border Posts (OSBP) and designated weighbridges by increasing the health screening personnel.<\/p>\n

The CS noted that the crisis was impacting nega- tively on regional economies by disrupting the regional trading system, industry and financial markets and called for cooperation among EAC Partner States to conquer the virus. Mr Mohamed handed over the labs to Health Cabi- net Secretary, Mr Mutahi Kagwe.<\/p>\n

The Mobile Labora- tory Project is an initiative of the EAC Secretariat and is being funded by Germany through the German Development Bank (KfW) and the Bernhard Nocht Institute for Tropical Medicine (BNIT).<\/p>\n

Mr Kagwe disclosed that one mobile lab would be sta- tioned at Namanga on the Kenya-Tanzania border and the other at the Naivasha dry port on the Nairobi-Malaba Highway.<\/p>\n

\u201cIn addition, we are also receiving mobile lab accesso- ries, consumables, PPE, ICT (laptops, satellite phones) and electrical systems,\u201d said the CS, adding that the EAC Regional Network of Public Health Reference Labo- ratories was a key pillar in strengthening the region\u2019s capacity to diagnose infec- tious diseases.<\/p>\n

\u201cThese labs will strengthen each Partner States\u2019 ca- pacity in this area. To achieve all this, the EAC Secretariat has overseen the procurement of mobile lab units, training of laboratory experts to operationalise these units and are scheduled to cascade knowledge transfer in order to build a critical mass of scientists across the country,\u201d he added.<\/p>\n

Mr Kagwe noted that the mobile labs were equipped with modern equipment such as PCR and ELISA machines that are able to diagnose most pathogens causing communi- cable diseases such as Ebola and Covid-19.<\/p>\n

\u201cThey have a combined capacity to support 2,000 tests per day and couldn\u2019t have come at a better time to complement the existing laboratory network,\u201d he said.<\/p>\n

The German Ambassador to Kenya, Ms Annett Gunther said that the labs would boost Kenya\u2019s testing capacity for Covid-19. \u201cCovid-19 is a crisis that tests us on how we treat ourselves.<\/p>\n

We can only beat the pandemic when we work together,\u201d she said, disclosing that the training of health workers would commence next week.<\/p>\n

The EAC Secretariat has also been providing Covid-19 reagents to the partner states to better facilitate the testing and management of the coronavirus pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Tanzania: AS coronavirus pandemic effects are being felt across the East African Community (EAC), the community feels the need to embrace the principle of comparative advan- tage so as to keep business going and bring life back to normalcy. The idea has been floated just a few days after Presi- dent John Magufuli and his […]<\/p>\n","protected":false},"author":84,"featured_media":9403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[4094,4095,293,3532],"class_list":["post-9416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-adan-mohammed","tag-bnit","tag-eac","tag-kfw"],"yoast_head":"\nEAC MULLS COMPARATIVE ADVANTAGE PRINCIPLE - Tanzania<\/title>\n<meta name=\"description\" content=\"AS coronavirus pandemic effects are being felt across the East African Community (EAC), the community feels the need to embrace the principle of\" \/>\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\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EAC MULLS COMPARATIVE ADVANTAGE PRINCIPLE\" \/>\n<meta property=\"og:description\" content=\"AS coronavirus pandemic effects are being felt across the East African Community (EAC), the community feels the need to embrace the principle of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-26T18:13:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/78c8e5788102590b1f94f62b738609e2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"EAC MULLS COMPARATIVE ADVANTAGE PRINCIPLE\",\"datePublished\":\"2020-05-26T18:13:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\"},\"wordCount\":765,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2020\/05\/78c8e5788102590b1f94f62b738609e2.jpg\",\"keywords\":[\"Adan Mohammed\",\"BNIT\",\"EAC\",\"KfW\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/policy\/eac-mulls-comparative-advantage-principle\",\"name\":\"EAC MULLS COMPARATIVE ADVANTAGE PRINCIPLE - 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