The East African Community has developed a new scorecard to monitor progress and address challenges facing integration of the five-nation bloc. Launched on Monday, the EAC Common Market Scorecard 2016 will focus on the progress made towards the implementation of free movement of goods, capital and services, and identifies a number of barriers to intra-regional trade. It focuses on monitoring and stimulating implementation of the freedoms and rights enshrined in the EAC Common Market Protocol. It also paves the way for the right of establishment, residence, free movement of services and free movement of capital. She attributed the decline to “weak capacity within individual EAC partner states to resolve most of the non tariff barriers”.

Source: The Star March 07, 2017 21:32 UTC