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TCCIA launches study on implementation of EAC Common Market agreement

By Maganga Media - May 6, 2012


Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA)

The Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) Arusha chapter has launched a study that seeks to ensure effective and efficient implementation of the East African Common Market Protocol to improve Tanzania business performance and competitiveness.

The chairman of TCCIA-Arusha Adolf Olomi said in Dar es Salaam yesterday that the project would look at challenges and opportunities in the implementation of the East African Common Market Protocol and Tanzania's role in creating an attractive environment for increased private sector activity within and across the borders.

"We are looking at what can be done to increase gains while minimizing losses from the arrangement," he said, adding that the study would develop a comprehensive policy paper that could spur Tanzania's greater and effective participation in the implementation of the market protocol.

Olomi disclosed that BEST-AC has financed the project and is offering technical assistance to ensure the project is successful.

BEST-AC assists business membership organisations create a better business environment with grants, capacity building and technical assistance so as to enable successful dialogue with the government.
He said the research would also scrutinise the comparative advantages that Tanzania needs to capitalise on and point out opportunities available for the country in effectively facilitating development of the EAC economies.

"It will identify opportunities and challenges available for Tanzania in the common market arrangement, asses the country's quality of business environment for international trading competitiveness and identify key sectors important facilitators of integration and cooperation," Olomi said.

The study will gather factual information from stakeholders that can facilitate Tanzania in offering practical effective interventions in the integration process of the EAC Common Market, analyse policy challenges for implementation and identify key sectors important for integration and cooperation in order to come up with the policy brief.

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ANDIKA MAONI YAKO KUHUSU HABARI HII

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