Uganda and Tanzania set to discuss trade barriers limiting trade between the two countries.
Despite the free trade agreement between East African Community (EAC) member states, Ugandan traders have been grumbling of blocked entry by Tanzanian officials at Mutulula border point.
As a result, the two governments have taken hid to their complaints and highlighted September month 2019, to table the issue of trade barriers that have affected business transactions’ between Tanzania and Uganda.
The meeting is to be officiated by John Magufuli, Tanzanian president alongside president Yoweri Kaguta Museveni of Uganda, aimed at stimulating bilateral trade between the two countries.
Each country will as well have a chance to create awareness about their existing investment and business opportunities, and an open platform for interaction between Uganda and Tanzania as far as business is concerned.
They will also find solutions to terrify barriers that are affecting trade and investment between the two East African countries.
Mr Aziz Mlima, High Commissioner of Tanzania to Uganda, on Wednesday 10 of July said that most trade barriers that were affecting the smooth running of business were addressed last year when the two countries met.
“Initially, goods from Uganda were going through 21 stops before reaching Tanzania, which has since reduced to three stops. We are going to come up with more ideas on how to solve all the issues affecting our traders from transacting business smoothly,” said Mlima.
He also said that only two vessels are moving goods on Lake Victoria between Tanzania and Uganda. Mlima adds that this has caused retardation as regards to the movement of goods because in 17 hours only 24 wagons are delivered.
And also said Tanzanian government is set to buy a new vessel while Uganda renovates theirs to easy movement of goods between the two countries.
While Uganda’s Ambassador to Tanzania, Richard Kabonero said that they are working hard to cut down transport costs on goods, by investing in vessels to move goods on Lake Victoria waters.
“We have already harmonised policies on trade barriers so we are just going to meet in September to discuss how to implement them. The pending challenge is the number of vessels that transport goods from both governments.”