Entitled, "East African Common Market Scorecard 2014: Tracking EAC compliance in the movement of capital, services and goods," the report was prepared with the support of the
The scorecard examines selected commitments made by the partner states, outlines progress in removing legislative and regulatory restrictions to the protocol, and recommends reform measures.
Addressing delegates at the launch of the report in Arusha on Tuesday, EAC Secretary General Dr
East African countries, Dr Sezibera said, had committed themselves not to introduce new restrictions, and to eliminate existing ones. The scorecard, he said, would assist in these efforts by keeping track of progress on commitments to the protocol. "It is about identifying those areas where we are doing well and strengthening them. And also about identifying those areas where reforms are required to meet the expectations of deepened integration."
In her closing remarks, the chairperson of the
The scorecard report makes four key recommendations: Complete elimination of tariffs and equivalent measures; elimination of non-tariff barriers; greater effective implementation of the common external tariff; and continuation of the process of harmonization and mutual recognition of sanitary and phytosanitary standards as well as standards preventing technical barriers to trade.
Most Popular Stories
- Chobani Counters Competition With Expanded Lineup
- Automakers Turn to China to Fuel Sales Growth
- Pope Francis, Huge Crowd Joyously Celebrate Easter
- GM Boosting China Production Capacity
- GOP Making Bold Play for Oregon Senate Seat
- Delay in Ferry Evacuation Puzzles Maritime Experts
- Report: Iran VP Says Row Over Reactor Resolved
- NASA's Space Station Robonaut Finally Getting Legs
- Confusion, Anger as Sunken Ferry's Relatives Wait
- Iran Denounces U.S. Ruling to Sell Property