Browsing: Samia Suluhu Tanzania President

According to sources inside the diplomatic community, the projected tax of US$144 will be levied at the same rate throughout the entire Common Market for Eastern and Southern Africa (Comesa) regional bloc. The private sector, and in particular the participants in the logistics industry, who considered the levy as a barrier to commerce in the region, is receiving a significant amount of relief as a result of the reduction in the charge.

The two nations came to an agreement on the terms of the partnership during Her Excellency President Samia Suluhu Hassan’s official visit to Uganda, which lasted for two days. The necessary tax helps cover the costs of repairing and maintaining the roads that are often travelled by trucks, with the goal of promoting the safety of those who use the roadways.

According to a joint declaration that was published by the presidency of Tanzania, Tanzania has asked the relevant ministry to find cordial resolutions to the current non-tariff obstacles and allow for the unimpeded flow of trade between the two nations. They feel that by doing this, the potential for trade between Uganda and Tanzania would be realised, which will ultimately benefit the entire area.