Operations of development agencies within the region will benefit from the planned harmonisation of policies and legal frameworks of the East African Community, the government has said.
East African Community minister Amason Kingi said the new measures will enable the business community and development agencies play their rightful role as engines of growth in the region.
Customs union
“The East African Community is implementing a customs union which provides for free movement of goods within the region while applying a common external tariff structure.
“We are currently in the process of signing the protocol for the establishment of a common market which will provide free movement of factors of production and services,” said Mr Kingi.
He spoke during the Aga Khan Development Network’s (AKDN) annual reception at the Aga Khan Academy in Mombasa.
Under the common market, he said, it will be easier and more convenient for development agencies such as the AKDN, which has a network of development and corporate establishments, to practice and provide their services without unnecessary hindrances.
Ismailimail 