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Commonwealth Trade Express

Commonwealth Trade Express will share information and lessons learned from recent Commonwealth Secretariat interventions. Articles will discuss design and implementation processes; in particular, practical solutions for the perennial problems surrounding appropriate trade policy design, advocacy and strategic trade interventions.

English

International Transit Scheme to Improve Trading Environment across the East African Community

By reducing the time and costs of trading, integrated transit mechanisms are important for boosting trade and enhancing competitiveness in landlocked countries. The net impact of reductions in trade costs – including through transit facilitation – on households, firms and governments, can be positive depending on how complementary investments and regulations are at the national and regional levels. The adoption of the Transports Internationaux Routiers (TIR) system is one viable option to facilitate trade in the East African Community, particularly by increasing transparency in trade facilitation. This issue of Trade Express examines the technical assistance from the Commonwealth Secretariat, provided at the request of the Export Promotion Council of Kenya to develop a strategic action plan to institutionalise the Convention on International Transport of Goods Under Cover of TIR Carnets, an international transit system.

English

Keywords: international transit scheme, East African Community, landlocked countries, trade costs
JEL: F13: International Economics / Trade / Trade Policy; International Trade Organizations; R4: Urban, Rural, Regional, Real Estate, and Transportation Economics / Transportation Economics; R11: Urban, Rural, Regional, Real Estate, and Transportation Economics / General Regional Economics / Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
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