Arusha, 7th November, 2017:
The Board of Directors and staff from the East African Business Council
(EABC) led by the Chairman, Mr. Jim Kabeho yesterday met the EAC
Secretary General, Amb. Liberat Mfumukeko at the EAC headquarters, in
Arusha ,Tanzania .
The two parties had
an
in-depth discussion on areas of collaboration and key priority projects
that can make a difference in the region as well as generate results
for the integration
process.
Addressing
the meeting, the EAC Secretary General Amb Liberat Mfumukeko informed
the EABC Board of Directors that EAC has developed the 5th
EAC Development Strategy under the EAC Vision 2050 which will provide
strategic direction for the Community for the next 5 years. The goal is
to build a firm foundation for transforming the East African Community
into a stable, competitive and sustainable
lower middle income region by 2021. The participation and the
involvement of private sector is key towards the achievement of this
goal, added, Secretary General.
He
informed the EABC Board Members that for the last three or so years EAC
has been seized of the importance of putting the East African business
sector at the
heart of promoting intra-regional trade and investments. “I am
optimistic that by the end of our meeting, we shall be able to identify
in concrete terms those areas of collaboration for the next phase and
how to improve on what we have been doing’’
On
his part, the Chairperson of EABC Board of Directors, Mr. Jim Kabeho
said EABC is committed to providing a regional platform through which
the business community
can present their concerns to ensure a conducive business environment
within the East African Community.
“I
pledge our commitment and support to the EAC Secretariat towards making
our region conducive for investments and doing business at large’’
The two parties discussed key areas of collaboration including;
EAC -
Private Sector Development Strategy and Development of the new version;
Priorities areas for joint implementation and synergy during the
financial year 2017/2018
and 2018/2019; Joint resource mobilization for the next financial year
as well as setting up joint EAC Private Sector Fund.
At
the end of the EAC-EABC consultative meeting, the Secretary General
addressed the Press accompanied by the EABC Board Members and EAC
officials.
Also present at the meeting were the
EAC Deputy Secretary
General in charge of Planning and Infrastructure, Eng. Steven Mlote,
and Director of Trade at the EAC Secretariat, Alhaj Rashid Kibowa.
About
East African Business Council (EABC)
The East African Business Council (EABC) is the
apex advocacy body of business associations of the Private Sector and
Corporates from the East African Countries. It was established in 1997 to
foster the interests of the Private Sector in the Integration process of the
East African Community.
EABC
vision is to be a dynamic apex body of the private sector in
the East African Community, in fostering sustained economic growth and
prosperity in the region.
Being the representative of Private Sector
associations in the region, EABC was granted observer status in organs and
activities of the East African Community (EAC). EABC therefore participates in
various sectoral meetings, meetings of the Coordination Committee, Council of
Ministers Meetings and the Summit of
the EAC Heads of State; with a view to ensuring that the agenda of the Private
Sector is well articulated and received by the policy makers. Website: www.eabc.info
For more information please contact:
Ms. Lilian Awinja –
Chief Executive Officer
The East African Business Council
(EABC) - The Voice of Private Sector in
East Africa
P. O. Box 2617 | Plot No. 01 | Olorien
House | Perfect Printers Street | Arusha | Tanzania
Tel: +255 (27) 2543047
Fax: +255
272543047 Cell +255 758 124 318
Email:
info@eabc-online.com
Website: www.eabc.info
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