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EAC enterprises seek friendlier trade rules

17 April 2012, 09:59

Nairobi – Kenya’s business sector wants the East African Community (EAC) to speed up regulations meant to improve the state of doing business in the region by implementing a monitoring mechanism.

Kenya Private Sector Alliance (KEPSA) chairman Patrick Obath said once in place, the mechanism will monitor the progress of key regulations such as the Common External Tariff (CET) Resolution and removal of Non Tariff Barriers (NTBs).

“Legislation is going to come up whereby if a government wishes to impose anything on areas that have already been completed there are going to put up a mechanism that allows for discussion to take place before a government can implement that,” he said.

For more visit Capital News



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