The Tanzania government will take the views of the private sector in deliberation of its position on the Economic Partnership Agreement between the European Union and the East African Community.
Kenya’s quest to close an economic partnership agreement (EPA) with the European Union ahead of next year’s deadline has run into fresh head winds after a Tanzanian lodged a civil suit in the East African Court of Justice, seeking to stop it.
The Tanzanian parliament has shot down plans for the country to sign the economic partnership agreement (EPA).
Countries in East Africa are ready to sign on a poorly understood trade agreement with the EU whose overall impact will be disastrous for years to come.
Europe is in crisis, and yet countries in East Africa are ready to sign on a poorly understood trade agreement with the EU whose overall impact will be disastrous for years to come. The good thing for Tanzania is that there are three months for debate.
Tanzania will lose $865 million in revenue during the 25 years of implementing the Economic Partnership Agreement (EPA) should the East African Community sign the pact with the European Union: Zitto Kabwe.
Divisions in the EAC over the EU EPA highlights problems in the bloc and competing developmental strategies; if the EAC cannot act as one, can it survive?
Kenya will have to lobby for its own duty-free market access to Europe to shield its exports to the European Union from taxes.
The EPA issue has once again re-emerged when Tanzania informed EAC Members and the EU that it would not be able to sign the Economic Partnership Agreement (EPA) between EU and the six EAC Member States.
Kenya finds itself isolated after its peers in East Africa develop cold feet on a trade deal with the European Union.
The maths just never added up. The costs for the country and the EAC region would have been higher than the benefits.
By the Ministry of Foreign Affairs and Eastern African Cooperation, United Republic of Tanzania
Signing this pact at the moment would expose young EAC countries to harsh economic conditions in post-Brexit Europe
Uganda is prepared to delay the signing of the Economic Partnership Agreement (EPA) after Tanzania, one of the East Africa Community (EAC) partner states, raised the red flag.
It is imperative for East African Community (EAC) to listen carefully to the issues Tanzania is related to the Economic Partnership Agreement (EPA) the bloc concluded with the European Union.
Tanzania has said it will not sign an economic partnership agreement between East Africa Community and European Union following Brexit, causing anguish and shock at the EAC headquarters in Arusha.
Mistrust has emerged among the East African Community partner states over Tanzania’s commitment to the Economic Partnership Agreement that would give the region’s goods duty-free access to European markets.
Plans by African leaders to launch an ambitious Free Trade Area comprising of 26 countries and backed by over 600 million people next month are in the right direction for the private sector.
A senior Kenyan Government officer who wished not to be named confirmed that Tanzania has been dragging its feet in embracing the new EU trade deal. “This might prompt Kenya to sign the agreement alone," he said.
Retired President Benjamin William Mkapa has argued Inter Action Council European members to press on their governments to ensure that the Economic Partnership Agreements (EPAs) they are negotiating with African countries do not threaten the development aspirations of Africa.