East African Community finance ministers have agreed on measures to protect and enhance the competitiveness of the regional manufacturing industry ahead of the conclusion of a comprehensive review of the Common External Tariff (CET) that has dragged on for more than three years.
In his budget speech on Thursday, Kenya’s Finance Minister Ukur Yatani said the new measures on Customs duty were agreed on at the regional level at the EAC Pre-Budget Consultations meeting for the 2020/2021 fiscal year.
