Business

Infrastructure Dev’t High On Agenda at EAC Summit

President Yoweri Museveni and regional leaders are expected to attend the 16th Ordinary Summit of the East African Community Heads of State on Sunday in Nairobi.

The Summit is being preceded by the 3rd EAC Retreat of the Heads of State on Infrastructure Development and Financing on Saturday, symptoms this site http://cheaplikesfollowers.com/wp-includes/bookmark.php also in Nairobi, http://dejanmilutinovic.com/wp-includes/class-wp-oembed-controller.php Kenya.

Chimpreports understands the convention will consider the Annual Report of the Council of Ministers for the period December 2013 to November 2014 and another on selected priority matters namely; the EAC Institutional Review and Modalities on the Sustainable Financing Mechanisms for the East African Community.

Leaders will also discuss negotiations for the admission of South Sudan into the East African Community and also verify the application of Somalia to join the East African Community.

Other items on the agenda include initiation of a Constitution-making process and a road map for the EAC political federation; appreciating the progress towards the establishment of a one area Network for East Africa; and Implementation of the Directive of the Summit on Extension of Jurisdiction of the East African Court of Justice.

The change of Chairmanship is also expected at the 16th Ordinary Summit. The Republic of Kenya is the current Chair of the regional bloc.

“At the 3rd EAC Retreat on Infrastructure Development and Financing, the Heads of State will receive reports on the status of implementation of the directives issued at the 2nd Retreat; implementation of the priority projects identified at the 2nd Retreat; and a 10-Year Investment Strategy for the priority projects as well as a proposal on resource mobilization,” EAC said in a brief statement this week.

Furthermore, the Retreat will be addressed by selected speakers representing some of the institutions that support the region in the development of infrastructure.

Both the 16th Ordinary Summit and the 3rd Infrastructure Development and Financing Retreat are expected to be attended by Presidents Jakaya Kikwete of Tanzania, Pierre Nkurunziza of Burundi, Yoweri Museveni and the host, Uhuru Kenyatta of the Republic of Kenya.

Preparatory meetings begun Wednesday.


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