Home » Somalia: final preparations for entry into the EAC

Somalia: final preparations for entry into the EAC

by admin

di: Céline Dominique Nadler | April 24, 2024

The Prime Minister of Somalia, Hamza Abdi Barre, met in recent days in Mogadishu with members of the parliament of the East African Community (EAC) to address the final technical aspects necessary to facilitate Somalia’s entry into the East African market .

“I urge members of the EAC regional bloc to continue to support efforts to harmonize policies and regulations, creating a favorable business environment for investors and entrepreneurs. We further strengthen cooperation in regional security and the advancement of peace and stability,” the Somali Prime Minister said during the meeting.

Barre also presented Somalia’s potential contributions to the East African Community and highlighted the benefits that member countries could derive from Somalia’s inclusion. He highlighted Somalia’s abundant natural resources and the dynamic and creative nature of its people.

Last month, Somalia was granted full member status of the EAC after meeting all requirements to join the regional bloc. With this development, Somalia joins Burundi, Democratic Republic of Congo, Kenya, South Sudan, Tanzania, Rwanda and Uganda as the eighth member of the regional bloc.

The EAC was founded in 2000 and is headquartered in Arusha, Tanzania. Its mission is to promote economic growth by eliminating customs duties between member states. In 2010 it established a common market.

© All rights reserved

See also  More and more overnight stays - record year: Swiss guests make the difference - News

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy