East Africa’s common market: It really may happen | The Economist

https://i2.wp.com/userserve-ak.last.fm/serve/252/9354173.jpgFREE-TRADE fingers crossed, some time this summer goods should start being sold without tariffs across borders within the five countries of the East African Community (EAC). The new common market will take in 130m-plus people in Burundi, Kenya, Rwanda, Tanzania and Uganda. The next step is monetary union, with political federation a far remoter prospect. The agreement signed last year at the EAC’s headquarters in the Tanzanian city of Arusha was a first step. Optimists say the EAC should join free-trade blocks in southern and western Africa before 2030.

East Africa’s common market: It really may happen | The Economist -Read more……

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