Talks resumed about South Sudan’s entry to East Africa Community | Biz weekly

Talks resumed about South Sudan’s entry to East Africa CommunityThe EAC (East African Community) has resumed talks about allowing South Sudan to enter the economic block of countries.

An EAC delegation has visited South Sudan’s capital of Juba to oversee the country’s preparations to become a member of the economic cooperation organisation. A few months ago, the negotiations were stopped because of the recent instability that had plagued the country. If South Sudan joins the EAC, the regional market will add 11 million to the current 140 from the current five member states.

Uganda and Kenya are likely to benefit most from South Sudan's membership as it expands the market for goods and services. Currently, Uganda and Kenya’s annual exports to South Sudan are valued at more than $200 million and $180 million respectively.

Further reading on theeastafrican.co.ke

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