EABC in collaboration with the Federal Chamber of Commerce and Industry Burundi (CFCIB) successfully organized the EABC- CFCIB CEO Round Table Breakfast Meeting on 14th March 2019 at Roca Golf Hotel in Bujumbura. CEOs in Burundi turn out in large numbers at the EABC CFCIB CEO Round Table meeting in Bujumbura and engaged EABC CEO Hon. Peter Mathuki on trade and investment issues affecting their company as they do business across EAC borders.
The Chief Guest at the meeting was the EAC Secretary General represented by Alhaji Rashid Kibowa, EAC Director of Trade.
In his remarks, he underscored that the treaty of EAC is People-centred and private sector-led, through the treaty the EAC is tasked to ensure Private Sector thrives in the region. He urged that Burundi should embark on a competitive business environment to invest & export to the other EAC Partners States and increase national savings. He further highlighted that at the regional level, necessary policy infrastructure to support the Private Sector has been put in place namely the EAC Customs Union, Common Market Protocol, and Monetary Union. In his remarks Mr. Audace Ndayizeye, EABC Vice-Chair highlighted the benefits and opportunities of EAC integration. Additionally, he emphasized the need to enhance the transport infrastructure.
Among key issues discussed at the round table include:
- The need to distill challenges related to the implementation of the agreed EAC protocols and commitments and issues such as access to finance, free movement of labor and Non-Tariff Barriers
- Enhancement of productive capacities of the EAC Partner States
- Improvement of the business operating environment
- Regional Common Good
- the EAC Private sector development strategy.
EABC extends appreciation to EABC Vice Chair Mr. Audace Ndayizeye for highlighting the benefits and opportunities of EAC integration. Much appreciation to EABC Past Chair and Board Directors present and EABC National Focal Point CFCIB for support and co-organising the meeting.