EAC unveils innovative app to revolutionize trade

By Xinhua

DAR ES SALAAM, Dec. 9 (Xinhua) — The East African Community (EAC) on Saturday unveiled a new app dedicated to the elimination of non-tariff barriers (NTBs), the EAC said in a statement. The statement noted the innovative app unveiled at the EAC headquarters in Tanzania’s northern city of Arusha is set to revolutionize the region’s trading landscape by streamlining the reporting, monitoring, and resolution of impediments traders face as they conduct business across borders. According to the statement, the development of the app was funded by the government of the Netherlands through TradeMark Africa, a leading African Aid-for-Trade organization that aims to grow intra-African trade and increase Africa’s share in global trade. The statement said the app, seamlessly blending SMS, email, and phone reporting methods, offers economic operators a one-stop solution for effectively reporting NTBs to trade. “By streamlining the NTB reporting process, the app will aid traders and producers in tackling obstacles that impede their trade efficiency and competitiveness,” said the statement. Enditem