A boost for intra-African trade?

The formation of the EAC common market brings new hope for boosting intra-African trade.

An agreement to establish a common market with the East African Community has recently been signed to promote trade among East Africa’s economies: Burundi, Kenya, Rwanda, Tanzania and Uganda.  While this new deal contains some of the pitfalls that have plagued other attempts to stimulate the currently pathetically low levels of intra-African trade, there is room for hope that this time it will be different.

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