PRESS RELEASE
FOR IMMEDIATE RELEASE
EABC
Steadfast to Collaborate with the Private Sector in the Republic of South Sudan
·
EABC
opens a new chapter of collaborating with the Private Sector in the Republic of
South Sudan.
·
South
Sudan business community urged to seize trade and investment opportunities in
EAC.
Juba,
South Sudan, 10th May, 2018:-
The East African Business Council (EABC), the apex body of Private Sector
associations and corporates in the East African Community is holding a multi-stakeholder Dialogue Forum on
EAC Integration with the government , the Private Sector and the civil
society; to establish strong links and collaboration with the people of
the Republic of South Sudan.
In
attendance are high level policy decision makers and business leaders
including Honorable Moses Hassan Tiel, Minister for Trade , Industry and
EAC Affairs, Republic of South Sudan,
Hon. Agak Lual- Under Secretary Ministry
of Trade Industry and EAC Affairs, Hon. Mou Mou Athian Kuol, Under
Secretary in charge of Accession Secretariat along with Mr. Jim Kabeho, EABC
Chairman today at the Juba Grand hotel. Mr. Simon Akuei Deng of South Sudan
National Chamber of Commerce, Industry and Agriculture , Mr. John Kalisa,
Country Director TMEA South Sudan as well as Officials from the Ministry
Finance and Economic Planning, Ministry of Trade, Investment and Industry,
Ministry of Justice, Ministry of Foreign Affairs in the Republic of South Sudan
and the South Sudan Business Forum are expected to take part in the
deliberations on EAC Integration.
The
forum aims to sheds light on the successes and milestones achieved in the EAC
integration Process, key concerns that the Private Sector face while
doing business in the Republic of South Sudan as well as raise awareness on the
role of the Public Sector, the Private Sector and Civil Society in
EAC regional Integration.
Mr.
Jim Kabeho, EABC Chairman congratulates the Republic of South Sudan for the
accession to the East African Community. He urges the government of Republic of
South Sudan to fast track preparation to implement various commitments under
EAC to ensure that the people of the Republic of Sudan gain immensely from
trade and investment cooperation with other five EAC Partner States.
“Public-Private
partnership has been one the key factors behind most of the achievements
attained in the EAC region.” said Mr. Kabeho, EABC Chairman.
The
EABC has an observer status to the East African Community and participates in
all relevant activities and deliberations at the EAC Secretariat, the Council
of Ministers as well as the Heads of State Summit.
“Article
128 of the Treaty for the establishment of the EAC recognizes the role of the
Private Sector in the economic development of East Africa “said Mr. Jim Kabeho,
EABC Chairman.
The
forum plays a key role in forming alliance between the Private Sector in the
Republic of South Sudan and the EABC. The alliances will support to carry out
activities and gather information, especially on national positions and
concerns for the Private Sector in South Sudan, for further advocacy and
harmonization at regional level by the council.
“The
challenges faced by the Private Sector in South Sudan while doing business
across the EAC region will be incorporated in EABC regional policy advocacy
agenda.” said Mr. Jim Kabeho.
Mr.
Jim Kabeho, Chairman urges the business community of South Sudan to
join the EAC to benefit from business to business engagement, business to
government engagement, information on available opportunities across the region
and beyond, training, capacity building, advisory services on trade policy and
law as well as opportunity to influence policy reforms.
About
EABC
The
East African Business Council (EABC) is the apex body of Private Sector
associations and corporates from the 6 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. Originally comprising
members from Kenya, Tanzania and Uganda, its membership was expanded to include
Private Sector from Burundi and Rwanda as well as South Sudan.
The
EABC’s overarching objective is to be an effective change agent for fostering
an enabling business environment and to promote Private Sector’s regional and
global competitiveness in trade and investment. The council therefore provides
a regional platform through which the business community can present their
concerns at the EAC policy level, with the overall aim of creating a more
conducive business environment through targeted policy reforms. Additionally,
the EABC also work towards promoting Private Sector’s regional & global
competitiveness in trade and Investment through addressing challenges
experienced by Members at organizational and firm level; and through provision
of tailored market intelligence.
The
EABC National Focal Points carry out activities and gather information,
especially on national positions at national levels, which are harmonized at
regional level. The National Focal Points are recognized in the structure of
the EABC and in the EABC Articles of Association. The current EABC Nation Focal
Points are:
·
Federal
Chamber of Commerce & Industry, Burundi
·
Kenya
Private Sector Alliance
·
Private
Sector Federation Rwanda
·
Private
Sector Foundation Uganda
·
Tanzania
Private Sector Foundation
The
EABC’s key stakeholders are primarily the EAC Secretariat, the Business
Community as represented through Members and their affiliates, National Policy
Makers, EAC organs and institutions and other key national and regional
organizations working towards enhancing Private Sector participation in the EAC
and global integration. The EABC has an “Observer Status” at the EAC, which
enables the council to represent members concerns and interests in all relevant
EAC activities and deliberations, not only at the Secretariat but also in other
organs and institutions. www.eabc.info
For media queries, please contact:
Patrick
Moshi, EABC Communications Officer
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