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COVID-19: How the return of non-tariff barriers is disrupting trade in East Africa
Border closures, curfews are among the increased non-tariff barriers as a result of Covid-19 that are affecting trade and movement of goods in the East African community region, so are we seeing a return to NTBs? East Africa Business Council CEO, John Bosco Kalisa joins CNBC Africa for more.
Thu, 13 Jan 2022 19:44:06 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The emergence of non-tariff barriers in East Africa, such as border closures and curfews, due to COVID-19 has disrupted trade and movement of goods in the region.
- The East African Business Council (EABC) has been advocating for reducing non-tariff barriers and ensuring adherence to established trade protocols to promote intra-regional trade.
- The implementation of the African Continental Free Trade Area (AfCFTA) agreement is seen as a key solution to overcoming trade barriers and enhancing economic integration in East Africa.
The COVID-19 pandemic has brought about a resurgence of non-tariff barriers (NTBs) in East Africa, causing disruptions in trade and the movement of goods within the region. The increased NTBs, such as border closures and curfews, have raised concerns about the future of trade and economic cooperation in East Africa. John Bosco Kalisa, the CEO of the East African Business Council (EABC), highlighted the challenges posed by these barriers in a recent interview on CNBC Africa. Kalisa emphasized the importance of striking a balance between containing the spread of the virus and ensuring the smooth flow of goods and services across borders. He commended the recent positive steps taken by the Council of Ministers to reduce NTBs and ease trade restrictions in the region. However, Kalisa also acknowledged the inconsistencies in the implementation of measures among partner states and called for greater adherence to established protocols and agreements. Despite the obstacles posed by NTBs, Kalisa expressed optimism about the ongoing efforts to address these challenges and promote intra-regional trade in East Africa. The interview also touched upon the significance of the African Continental Free Trade Area (AfCFTA) in fostering regional economic integration and boosting intra-Africa trade. Kalisa highlighted the need for effective implementation of the AfCFTA agreement, emphasizing the importance of addressing issues related to rules of origin, customs cooperation, standards, and harmonization of trade procedures. He underscored the role of the AfCFTA Secretariat in holding member countries accountable and facilitating compliance with the trade protocols. Kalisa pointed out the positive steps being taken at both continental and regional levels to enhance trade facilitation and overcome NTBs in East Africa. As the region navigates the challenges posed by the pandemic and trade barriers, Kalisa emphasized the collaborative efforts needed to realize the vision of a seamless and prosperous intra-regional trading bloc in East Africa.
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