EABC congratulates and welcomes DR Congo to East African Community

0
641

By Alfred Soka – Juba

The East African Business Council or EABC congratulates the people and the Government of the Democratic Republic of Congo led by President Félix Antoine Tshisekedi Tshilombo.

The move follows DRC admission into the East African Community or EAC by the 19th Extra-Ordinary Summit of the EAC Heads of State.

East African Business Council in a statement on Tuesday welcomed the D R Congo to the EAC bloc.

EABC is steadfast to ensure the cost of doing business across EAC borders is reduced and businesses in DRC benefit from better trade facilitation at the ports of Mombasa, Kenya and Dar es Salaam in Tanzania.

It said This historical and landmark milestone has transformed the EAC bloc into the most attractive trade investment destination in Africa, offering a market-driven economy of 266 million people and a Gross Domestic Product of 243 billion US Dollars.

Following this milestone, trade is set to increase immensely as DRC shares its borders with South Sudan, Uganda, Rwanda, Burundi and Tanzania.

The East African Business Council looks forward to accession of DRC to the East African Community by 14th April 2022.

It hopes for improvement of regional infrastructure connectivity plus the implementation of EAC commitments in order to unlock trade opportunities.