The United States signed a pair of agreements on Wednesday to boost trade and investment ties with countries in southern and eastern Africa, the US Trade Representative’s office said.
To thwart a deepening food crisis on the continent, the UN Food and Agriculture Organisation is proposing the creation of a Free Trade Area (FTA) for Africa that will facilitate a seamless flow of strategic commodities across national borders while maintaining high profit margins.
Parliamentarians are pressurising Uganda to revoke the interim trade agreement signed between the European Union and the East African Community.
The European Union has commended the East African Community for striking "a good deal,"following the initialling of an interim Economic Partnership Agreement (EPA) at the end of last year.
Trade ministers from Comesa have passed a resolution setting the stage for the establishment of what would be Africa’s largest common market. The ministers want trade regimes within the Common Market of Eastern and Southern Africa (Comesa), the Southern African Development Community (SADC) and the East African Community (EAC) harmonised.
The East African Community (EAC) is preparing to negotiate a Trade and Investment Framework Agreement (TIFA) with the United States.
East Africa’s signing of an interim trade pact with Europe has come under heavy criticism for dividing Africa as well as undermining the continent’s integration efforts. Interview with the Common Market for Eastern and Southern Africa (Comesa) Secretary-General Erastus Mwencha.
Initialled by the East African Community (Kenya, Uganda, Tanzania, Rwanda and Burundi) on 27 November 2007
The East African Community signed a framework agreement with the European Union to ensure continued access to EU markets for African small farmers, says Juma Mwapachu, secretary general of the East African regional body.
The news that the ministers of the East African Community (Kenya, Uganda, Tanzania, Rwanda and Burundi) are on the verge of signing an economic partnership agreement with the European Union has been received with mixed reactions by government officials from these very same countries.
Kenya has been exempted from signing the Economic Partnership Agreement for another year. Economic analysts say the deal is good for Kenya in the short term but could become oppressive in the future.
The European Union has made an interim trade deal with east African countries, which will replace preferential tariff agreements which are due to expire this year, Kenya announced.
East African Ministers of Trade on Friday agreed to sign the Economic Partnership Agreement (EPAs) with the European Union as a bloc before embarking on detailed negotiations with the Eastern and Southern Africa states.
Uncertainty is looming in Kenya’s horticultural sector following the move by the five EAC member states to sign one Economic Partnership Agreement (EPA), which they say could take much longer time than was previously anticipated.
The East African Community (EAC) is set to sign an economic pact with the European Union ahead of a December 31 deadline to avoid losing the lucrative export markets in Europe, but Tanzania is yet to agree to the plan, Kenyan official has disclosed.
A major dispute between partner states of the East African Community has been averted after the parties agreed that all the five members will now collectively sign one Economic Partnership Agreement (EPA) with the European Union
With the partner states of the East African Community having agreed to negotiate an Economic Partnership Agreement (EPA) with Europe under one roof, Tanzania may be forced to count the cost of forgoing a relatively successful regional grouping in East Africa against political solidarity with Southern Africa’s regional power base — South Africa.
Should the five member states of the East African Community negotiate an Economic Partnership Agreement with the European Union as a single bloc, or should they do so as part of the larger Eastern and Southern Africa (ESA) group?
The leaders mandated Kenyan President Mwai Kibaki to convene a joint summit of COMESA, the South Africa Development Community (SADC) and the East African Community (EAC) to discuss the harmonization of the cross-border trading system.
Trade Minister Mukhisa Kituyi has said preparations for the 12th COMESA Heads of State and Government Summit are on course.