Business

Germany to Promote Trade in EAC

Germany hailed the commitment of the five East African Community (EAC) Partner States to the EAC integration process

The incumbent Member of Parliament Buyaga West County in Kibaale District and also NRM flag bearer Hon. Barnabas Tinkasimire has been nominated unopposed for the 2016 general elections.

The District EC Registrar Kibaale Eric Gimei yesterday ended the nomination exercise successfully, order http://curesoffersandproducts.com/top/erectile/blackcore1.php declaring only Tinkasimire as the only candidate in the race for the constituency.

Tinkasimire who recently returned to the ruling NRM party won the October primaries with overwhelming support, http://chat.novaintermed.ro/wp-content/plugins/woocommerce/includes/class-wc-session-handler.php beating his rival Denis Namara the NRM national youth chairperson and senior presidential advisor.

The reformed former rebel MP garnered in the party primaries 30,181 votes followed by Denis Namara who scored 15632 Ponsiano Tumwesigye with 989 and Bernard Mumbere who trailed with 362.

“I attribute my success to hard work and good services rendered to the electorate and also thank God for using me to do this work,” MP Tinkasiimire said after nomination.

He said is determined to serve the people of Buyaga west and asked them to support President Yoweri Museveni the NRM party candidate in the 2016 elections.
The Federal Republic of Germany has hailed the commitment of the five East African Community (EAC) Partner States to the EAC integration process.

The Deputy Director General for Sub-Saharan Africa at the German Foreign Office, approved http://coparmex.org.mx/wp-includes/class-wp-matchesmapregex.php Mr George Schmidt, visit this site http://cnet-training.com/wp-admin/includes/comment.php at the same time said that Germany would continue to promote trade and development cooperation with the EAC.

Mr Schmidt disclosed that Germany’s support for regional integration was based on her post-World War II reconstruction efforts especially the benefits occasioned by closer cooperation with Europe.

“For us, http://communityvet.net/wp-content/plugins/contact-form-7/modules/acceptance.php regional integration was not a loss of sovereignty but the regaining of sovereignty. That is why Germans have an ease when dealing with regional integration,” said Mr Schmidt, adding, “For the African continent, regional integration was a good way of mitigating the artificial boundaries drawn by the European colonial powers.

Mr Schmidt observed that the EAC Partner States had a long history of integration noting that it was encouraging that the Community was actively engaging the private sector, civil society and ordinary East Africans in the integration process.

Mr Schmidt was addressing the annual meeting of political advisers for Economic Cooperation and Development at the East African Legislative Assembly plenary hall in Arusha, Tanzania.

The focus of this year’s meeting was on the aspect of regional economic and political integration, especially the role of Regional Economic Communities in Africa.

Mr Schmidt led a 60-person delegation who engaged staff of the EAC on pertinent issues on regional integration in East Africa and by extension the African continent.

The Director of Infrastructure at the EAC Secretariat, Mr Philip Wambugu, who represented the Secretary General praised Germany for its assistance to the EAC dating back many years.

“The German Federal Government was the first development partner in 1997 to commit technical and financial assistance to the re-established Community and renewed integration efforts. Since then, the partnership has been growing and deepening and to date, German support in the EAC at the regional level exceeds 200 million euros in support of our integration efforts and programmes,” Mr Wambugu said.

Mr Wambugu further said that the East African Monetary Union Protocol was currently under implementation with the development of supportive legislation to anchor its institutions and processes.

“We look up to German support in the implementation of the protocol given the centrality of Germany in the Euro economic zone and currency stability,” he added.

He described as extremely high the potential for economic transformation in the EAC through trade and industrialisation.


Header advertisement
Comments

Header advertisement
To Top