The future of the East African Community (EAC) is on course after the operationalisation of the EA Common Markets in July 2010. The move is expected to boost trade and movement of factors of production across the EAC region.
The Double Tax Treaty between Uganda, Kenya, Rwanda, Tanzania and Burundi will be implemented after every country ratifies the treaty. The establishment of the East African Community Common Market is in line with the provisions of the EAC Treaty.
It provides for “Four Freedoms”, namely: the free movement of goods; labour; services; and capital. These will significantly boost trade and investments and make the region more productive and prosperous.