Trade Agreement Signed

July 2008 | Ratings Update

The US and the East African Community (EAC), of which Tanzania is a member, signed a Trade Investment and Framework Agreement on July 16. Besides deepening the relationship between the US and Tanzania - the US already sends significant aid to Tanzania and US President George Bush visited the country in February - the agreement is a step towards increasing trade and investment between the two countries. As current head of the African Union, we believe enhancing the international profile of Tanzania will be one of President Jakaya Kikwete's

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