DRC Joins EAC Trade Bloc
The Democratic Republic of Congo became the seventh member of the East African Community, the trade bloc announced March 29. The DRC is expected to see substantial trade benefits after its accession to the EAC is officially ratified April 14,…
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including lower tariffs, less trade restrictions among EAC member countries and more free movement of goods, EAC Secretary General Peter Mathuki said. Adding it also expands the territory and reach of the EAC, benefitting other members as well.