Intra-EAC trade up 60pc in decade of Common Market
Busia one-stop border crossing between Kenya and Uganda. The Common Market Protocol has boosted trade in the region by easing cross-border movement of goods and people. FILE PHOTO | NMG
Trade between East African Community member states has increased by 60.75 percent from $3.72 billion when the Common Market Protocol was launched in 2010 to $5.98 billion in 2018, latest trade data shows.
The Common Market Protocol has boosted trade in the region by easing cross-border movement of goods and people, though numerous non-tariff barriers (NTBs) continue to hold back the region’s potential.