President addresses EALA with emphasis on EAC integration

Tuesday 24th January 2012

President Yoweri Museveni justified the restoration of the East African Community (EAC) saying the regional body will not only be an investment attraction to investors but will also boost the trade negotiating power of the region internationally.

The President was speaking at the 3rd meeting of the 5th session of the 2nd East African Legislative Assembly (EALA) currently sitting at Parliament Building in Kampala. The current Assembly, whose life span is due to expire on 4th June this year, is expected to discuss various bills at their sitting in Kampala. The Assembly began its deliberations on January 22nd and is expected to end 3rd February 2012 under the stewardship of the Speaker Hon. Abdirahin Abdi.

The President said the revival of the EAC in 1993 was done by him, former Tanzanian and Kenyan Presidents, Ali Hassan Mwinyi and Daniel Arap Moi respectively, in order to re-establish the ancient trade in the region that existed before the colonial days.

He noted that the trade would not be complete without some countries in the region, such as newly independent South Sudan, Rwanda and the Democratic Republic of Congo (DRC). He expressed satisfaction that in the last 16 years, trade in the 1.8 million square kilometer region has grown tremendously covering a population of over 134 million people.

President Museveni further emphasized the need to implement the political integration process adding that it was a safer roof for stronger federation that would eliminate disequilibrium socially and economically.

The Assembly was attended by, among others, the Speaker of the 9th Ugandan Parliament, Rt. Hon Rebecca Kadaga, the 1st Deputy Prime Minister and Minister of East African Affairs, Mr.  Eriya Kategaya and EALA officials.

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