pic1.jpg
EAC Regional Integration
Business needs to understand the objectives, process and the likely outcomes of Regional Integration of the East African Co-operation. Regional integration needs strong regional business advocacy to move in the right directions at the right times. Below are highlights for regional integration;

Regulation:  Regional integration is achieved by changing regulation and creating new regulation. A Customs Union or a Common Market is achieved by establishing regional rules and regulations that supersede National ones.
Investors: Regional integration is an important vehicle to increase Foreign Direct Investment (FDI). The creation of one single economic entity with a larger market and potential can have large direct and indirect effects on the whole local economy.

Competition: Regional integration aims to increase intra-regional competition to find the most efficient regional value chain.

Technology: Regional integration, through increased FDI and a more stable business environment, hopes to increase technological progress which in turn drives competitiveness.

Globalisation: The very essence of regional integration is to help groups of countries increase their weight in global trade and negotiations.

Customers: Successful regional integration creates larger regional markets for companies, as well as increasing their customer base in the external world.
 
 
chss business translation business financeaccounting managementscience economics ids idis awsc arts african-studies arabic confucius french geography history kiswahili languageskills linguistics literature philosophy politicalscience journalism psychology sociology koreanstudies dlis acfrn law-school commerciallaw privatelaw publiclaw psri caselap kisumu mombasa