Canada is becoming more engaged in international treaty negotiation and has recently announced that: Canada and Tanzania; Canada and Mongolia; Canada and Madagascar; Canada and Indonesia; and Canada and Vietnam have agreed to begin negotiations towards a Foreign Investment Promotion and Protection Agreement (FIPA).
The East African Community (EAC) is set to sign an economic pact with the European Union ahead of a December 31 deadline to avoid losing the lucrative export markets in Europe, but Tanzania is yet to agree to the plan, Kenyan official has disclosed.
With the partner states of the East African Community having agreed to negotiate an Economic Partnership Agreement (EPA) with Europe under one roof, Tanzania may be forced to count the cost of forgoing a relatively successful regional grouping in East Africa against political solidarity with Southern Africa’s regional power base — South Africa.
Tanzania was glad to secure the services of a British-led consortium to run the newly privatised water system in its capital Dar es Salaam. But then the price of water started to rise
Tanzania has failed to register any significant progress in negotiating Economic Partnership Agreements (EPAs) with the European Union for the past 13 months.
With government seemingly in no hurry to entertain the business community advocating for the country to re-join the COMESA trade bloc, the group does not want to let go.
Tanzania is likely to enter into a trade agreement with the Southern African Customs Union (SACU) allowing the East African nation to export textile and clothing material on preferential terms within the trading bloc’s countries.
The Southern African Development Community (SADC) has okayed Tanzania’s multi-regional block membership, thus paying the way for the east African country to remain in SADC with its East African Community affiliation.
Tanzania is lagging behind in preparing to sign a deal that will determine how it trades with Europe for a long time to come.
The governments of Tanzania and the Comoros have signed a trade agreement to facilitate economic development in the two countries.
The European Union has advised Tanzania to either retain membership in the Southern Africa Development Community (SADC) and withdraw from the East African Customs Union (EACU), or vice versa.