The East African Business Council (EABC) on Tuesday signed a US$ 3.2 million financing agreement with TradeMark East Africa (TMEA) for support in implementing a three-year programme focused on the simplification and harmonization of trade procedures in the region.
The partnership will support EABC's advocacy efforts of improving coordination, reporting and resolution of non- tariff barriers along the corridors; harmonization and adoption of East African standards or sanitary and phytosanitary (SPS) measures; improve adoption and harmonization of Customs and Domestic Tax-related policies and trade facilitation in the region.
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