Somalia Tackles EAC Trade Barriers with New Committee

Somalia Tackles EAC Trade Barriers with New Committee

Somalia has launched a National Monitoring Committee (NMC) on the Elimination of Non-Tariff Barriers (NTBs) to “unlock regional trade opportunities.” Somalia has also “established technical committees to fast-track the implementation of the East Africa Community’s Customs Union and Common Market protocols, as well as other ongoing bilateral trade engagements, particularly with Kenya.” 🇸🇴 Somalia officially [...] The post Somalia Tackles EAC Tr…

Nairobi: Ten major companies have been granted permission to import a total of 208,600 tonnes of sugar for industrial use in a move to boost Kenya’s manufacturing sector. The approval, issued under the East African Community (EAC) duty exemption scheme, allows companies to import sugar at a reduced tax rate to support the production of goods such as soda, juice, sauces and jams. The EAC duty exemption programme allows companies to import raw mat…

EAC Allows Kenyan Firms to Import 208,600 Tones of Sugar

The East African Community (EAC) has authorized ten Kenyan companies to import 208,600 tonnes of industrial sugar. The greenlight is under a special tariff scheme, applying a reduced duty rate of 10% for 12 months. This initiative supports the production of various industrial products such as soft drinks, juices, and sauces. The approved firms include; … The post EAC Allows Kenyan Firms to Import 208,600 Tones of Sugar first appeared on Metropol…