EAST AFRICAN BUSINESS COUNCIL
PRESS STATEMENT
EABC HAILS PRESIDENT MAGUFULI AND UHURU FOR DEMONSTRATING
COMMITMENT TO THE EAC REGIONAL INTEGRATION PROCESS
15TH JULY 2019, ARUSHA, TANZANIA
The East African
Business Council hails the Summit of EAC Heads of State in their quest to
promote the role of Private Sector in
the regional integration process.
The EABC applauds H.E
Uhuru Muigai Kenyatta, President of the Republic of Kenya and H.E. John Pombe
Joseph Magufuli, President of the United Republic of Tanzania for demonstrating
and reiterating their commitment to the EAC integration during their recent
rendezvous at Chato, Geita in the United Republic of Tanzania.
Their words and action
have re-energized optimism and reassure the people of the East African
Community of their Excellencies’ deep commitments towards upholding the spirit
of the EAC regional integration process.
The
EABC further commends the Summit
of EAC Heads of State for recognizing the role of the Private Sector as the
engine and driver of the economic growth and reaffirming commitment to the
principles of the EAC Common Market, namely:
Non-discrimination of nationals of other
Partner States on grounds of nationality;
Equal treatment to nationals of other Partner
States and
Ensure transparency in matters concerning the
other Partner States.
Indeed, political
goodwill is critical to accelerate and boost intra- EAC trade and opportunities
that lie on our own doorsteps.
Policy predictability
and maintaining a liberal stance towards the Freedoms and Rights enshrined in
the Common Market Protocol shall increase cross border trade & investments
and significantly contributing to employment creation, export growth, revenue
collection, wealth creation and improved standards of living for East African
people.
Hon.Peter
Mathuki, Chief Executive Officer
East
African Business Council (EABC)
About EABC
The
East African Business Council (EABC) is
the regional 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. Vision: Borderless East Africa
for business and investment. Mission: To promote sustainable Private
Sector-driven growth. For more information about EABC, visit www.eabc.info.
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