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EAC and IMF Financial Sector Conference Opens in Arusha

         Date: 2012-02-29

           Tag: EAC and IMF Financial, EAC and IMF Financial Conference

Summary: A two-day regional conference on financial sector integration organized by the EAC Secretariat in collaboration with the International Monetary Fund today opened at Mt.

A two-day regional conference on financial sector integration organized by the EAC Secretariat in collaboration with the International Monetary Fund today opened at Mt. Meru Hotel in Arusha, Tanzania.

East African Community Secretariat, Arusha, 27 February 2012: A two-day regional conference on financial sector integration organized by the EAC Secretariat in collaboration with the International Monetary Fund today opened at Mt. Meru Hotel in Arusha, Tanzania.

The high level conference held on the theme “The East African Community after 10 Years: Deepening EAC Integration”, is being attended by over 100 regional and international experts and policy makers who are using the conference as a platform to discuss the EAC’s accomplishments to date, the benefits of regional integration, relevant international experience, and the macroeconomic policy challenges going forward.

In his opening remarks, the EAC Secretary General Amb. Dr. Richard Sezibera said that the East African Community has as its primary objective to develop a single market and investment area in East Africa that is anchored on the twin pillars of internal free trade and liberal trade with the rest of the world.

He said that EAC has evolved strong institutions, legal frameworks and operational modalities in the promotion of a viable and vibrant integrated market, a business and investments friendly environment and development of competitive value added industries.

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