Tuesday, October 29, 2013

East African countries launch single customs territory

The Africa Report - 29 October 2013

Kenya, Uganda, South Sudan and Rwanda have launched a single customs territory to boost business among the partner states, agreeing to eliminate the remaining non-tariff barriers.
Kenyan President Uhuru Kenyatta, Uganda's Yoweri Museveni, Salva Kiir of South Sudan and their host Paul Kagame of Rwanda agreed the move at a summit on Monday, which also resolved to hasten transit cargo from Kenya's port of Mombasa.
Transit cargo would be weighed once at the point of entry into each member state territory, they said in a statement.
The time for cargo to reach Rwanda from the port of Mombasa would fall to eight days from 21 now, and shipments to Uganda from Mombasa would take five days from 15 days.
The summit was convened to review progress on the implementation of decisions reached during a previous meeting that focused on infrastructure in Mombasa on August 28, where Kenya commissioned a new berth expanding its main port.
At an initial summit on June 25, Uganda agreed to a plan to build a pipeline from its oilfields to a new port being developed on Kenya's northern coast, enabling crude exports and boosting its oil industry.

1 comment:

Unknown said...

In a type of country where elected officials doesn't work well together, having an income protection cover might be a wise thing to do.