EAC businesses fault lengthy tariff talks for slow uptake of trade under AfCFTA
Kenya National Trading Corporation Business Development Manager Hussein Fayo (R) explaining to a client about their products during the African Continental free trade area conference at Safari Park Hotel in Nairobi, Kenya on May 30, 2023. PHOTO | LUCY WANJIRU | NMG
East African partner states are yet to take full advantage of the African Continental Free Trade Area agreement (AfCFTA), a result of prolonged discussions on tariff offers for agricultural and sensitive goods.
Members of the East African Business Council (EABC), supported by the German Technical Cooperation (GIZ), met on August 7 in Kampala to discuss the progress of developing the EAC Tariff Offer under AfCFTA for sensitive products and the exclusion list. The conclusion was that it will take some time for intra-trade regional to take off fully under the continental pact.
