Why EAC has a long way to go

Thirteen years after the EAC Common Market Protocol agreement was signed by the heads of state, the East Africa Business Council is raising alarm about increasing non-tariff barriers that have led to an intra-EAC trade declining from 21 percent in 2015 to 14 percent today.

The East Africa Business Council is more concerned that this regressing of intra-EAC trade is starting to derail the chances of the regional bloc moving to the next stage of a monetary union.

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