EAC, EABC BOARD MEMBERS MEET TO DISCUSS AREAS OF COLLABORATION


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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