Recommendations for the Role of the East African Community (EAC) in Fostering Economic Development of Member States with Emphasis on South Sudan
1. Promote Regional Integration:
- Implement the EAC Common Market Protocol to facilitate free movement of goods, services, labor, and capital across borders.
- Establish border infrastructure, harmonize customs procedures, and reduce trade barriers to enhance economic activity within the region.
- Integrate South Sudan into EAC trade and investment frameworks, creating a larger market for its businesses.
2. Enhance Infrastructure Development:
- Invest in cross-border transportation networks, energy infrastructure, and communication systems to connect South Sudan with neighboring countries.
- Facilitate the construction of roads, railways, and pipelines to improve access to markets, reduce transportation costs, and attract foreign investment.
- Provide technical assistance and support to South Sudan in developing its own infrastructure capacity.
3. Foster Investment and Business Linkages:
- Promote joint ventures, partnerships, and investments between businesses in South Sudan and other EAC members.
- Create a conducive investment climate by harmonizing regulations, protecting intellectual property, and ensuring access to credit.
- Encourage the transfer of technology and capacity building to enhance the competitiveness of South Sudanese businesses.
4. Promote Regional Specialization and Value Chains:
- Identify and develop comparative advantages within the EAC, and encourage South Sudan to specialize in areas where it has potential.
- Promote the integration of South Sudan into regional value chains, creating employment opportunities and generating income.
- Support initiatives to enhance the value addition of South Sudan's raw materials through processing and manufacturing.
5. Address Non-Tariff Barriers:
- Eliminate technical barriers to trade, such as differing product standards and certification requirements.
- Streamline customs procedures and reduce delays at border crossings to facilitate trade.
- Address non-physical barriers, such as corruption and bureaucratic inefficiencies, to improve the ease of doing business in the region.
6. Enhance Human Capital Development:
- Invest in education, vocational training, and skill development to provide South Sudan with a skilled labor force.
- Promote cross-border education and training programs to facilitate the movement of skilled workers within the EAC.
- Support capacity building initiatives to strengthen institutional capacity in South Sudan's public and private sectors.
7. Create a Conducive Policy Environment:
- Harmonize macroeconomic policies and coordinate fiscal and monetary measures to promote regional economic stability.
- Promote good governance, transparency, and accountability to create a favorable investment climate.
- Reduce corruption and red tape to streamline business operations and attract foreign investment.
8. Enhance Regional Cooperation and Peacebuilding:
- Strengthen diplomatic and political ties among EAC member states to maintain regional peace and security.
- Facilitate cross-border dialogue and reconciliation efforts to address conflict and promote stability in South Sudan.
- Provide humanitarian assistance and support to address the needs of refugees and internally displaced persons.