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angle-left Regional Ratified Trade Agreements

Regional Ratified Trade Agreements

Tanzania has signed two Regional Trade agreements so as to maximize trading opportunities in the Eastern and Southern African countries.

1. East African Common (EAC) Market Protocol

The EAC Market protocol aims to widen and deepen cooperation among the partner States (Tanzania, Kenya, Uganda, Burundi, Rwanda, South Sudan) in the economic and social fields for the benefits of the partner states. The protocol allows the member state countries to have free movement of goods, persons and labour, workers and services.

 

2. SADC Protocol on Trade

The SADC protocol aims to ensure free trade zone among the SADC member states (Tanzania, Zambia, Angola, Botswana, Comoros, and Democratic Republic of Congo, Swaziland, Lesotho, Madagascar, Malawi, Mauritius, Namibia, Seychelles, South Africa, Zimbabwe) through:

  1. Liberalization of intra-regional trade in goods and services
  2. Efficient production
  3. Improved domestic, cross-border and foreign investments

Enhanced economic development, diversification and industrialization of the region
 

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Contacts

Ministry of Industry, Trade and Investment
Treasury Square Building 4th Floor
P.O Box 2996
Dodoma.
Website: http://mit.go.tz/

 

Trade Agreements signed by Tanzania

The Tanzanian government has visualized the role of trade liberalization, globalization, rapid economic growth and the digital revolution in supporting domestic economic growth. 

To tap into that, the government has signed trade agreements and developed a National Trade Policy which contains rules, instruments, and agreements important to control import and export of goods and services to and from foreign countries.

Importance of Trade Agreements to Women Entrepreneurs

The Tanzania Trade Policy is a government document that shows the commitment of the Tanzania Government. The trade policy acknowledges that women are the key productive force that is severely constrained by limited access to key productive assets including the capital, education, and skills. 

To address the gap, the policy proposes various initiatives to be taken by various sectors to ensure the inclusion of women in trade processes. 

 Initiatives undertaken 

  • Increased women access to titled land
  • Improved Infrastructure to support women 
  • Increased women access to financial services 
  • Increased women access education and business skills