REGIONAL SECRETARY GENERAL’S CEO FORUM HELD IN KAMPALA
The Regional East African Community Secretary General’s Private Sector Chief Executive Officers Forum was held today in Kampala, Uganda, where the EAC chief announced a variety of initiatives to promote private-sector involvement in EAC integration and to improve the region’s business climate.
At
the Forum that brought together more than 100 CEOs of businesses from
all the five EAC Partner States, EAC Secretary
General Amb. Dr. Richard Sezibera stated plans to tackle challenges to
doing business through a sectoral approach, starting with the
manufacturing sector.
“Together
with key stakeholders [we] have agreed to focus on the manufacturing
sector. We expect that this will give [sector]
captains the confidence and venue to continue to articulate issues
affecting the sector as well as providing policy review suggestions,”
Amb. Sezibera said, emphasizing the need to raise the contribution of
manufacturing to the region’s Gross Domestic Product
from the current 10% to 40%.
The Secretary General also confirmed the bloc was about to conclude a Public-Private Partnership Framework, which is expected
to go a long way in enhancing private sector participation in public enterprises.
“The
proposed framework will facilitate private sector participation in
public enterprises with a regional dimension particularly
in industrial and infrastructure projects,” he remarked.
In the one year since the Forum was launched via national editions, the Secretary General has met with CEOs from all five
Partner States and during today’s meeting in Kampala, he spoke proudly of the successes recorded so far.
“We
have seen commendable improvement on a number of institutional reforms
in the Partner States and adaptations of domestic
laws related to the Common Market Protocol,” Amb. Sezibera observed,
adding: “We have also seen more than 36 non tariff barriers to trade
resolved”.
The
East African Business Council (EABC) chairperson, Hon. Gerald
Ssendaula, who also lauded the initiative, observed
that EAC is an attractive proposition to both the private sector and
government, but one that “can only be vibrant if the environment we are
operating is conducive to trade and business”. EABC is the apex body for
businesses in the region.
Meanwhile the TradeMark East Africa (TMEA) CEO Mr. Frank Matsaert affirmed his organization is very much committed to
supporting pragmatic solutions to challenges faced by the EAC in its integration agenda.
The
Regional Secretary General's CEO Forum discussed among others
recommendations from the national forums as well as
prospects for the planned EAC-USA Commercial Dialogue, before concluding
with an agreement on the key issues of concern the East African
business community want addressed. Their recommendations, once ratified
by national private sector apex bodies, will be
forwarded to the EAC Summit of Heads of State, the top Organ of the
Community.
The
main objective of the SG CEO Forum is to provide a platform for regular
dialogue between the EAC Secretary General
and the business community on how to improve the EAC integration process
and business climate in order to increase economic growth and
development.
The SG CEO Forum which is comprised of five national forums and one regional forum held annually is organized by the EAC
Secretariat in partnership with the East African Business Council and TradeMark East Africa.
Hon. Leontine Nzeyimana, Burundi’s Minister for EAC, as well as the US Ambassador to Uganda His Excellency Scott Delisi
were among the government dignitaries who attended the meeting.
EAC Secretary
General Amb. Dr. Richard Sezibera
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