Monday, April 18, 2011

EAC organs divided over US$3m loan

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Sharp differences have emerged between two East African Community (EAC) organs over the mechanism of funding the Economic Partnership Agreement (EPA) negotiations. The matter was deferred to the regional heads of state summit that took place yesterday in Dar es Salaam.

The EAC Council of Ministers say it is dismayed by the failure of the East African Legislative Assembly (EALA) to approve a US$3.48 million grant by the Swedish International Development Agency (SIDA) to fund the process. The

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