• Authored By: Regean Mugume and Aida Kibirige Nattabi
19 Sep 2021
  • File Size 500.21 KB
  • Published September 19, 2021

How Will the Democratic Republic of Congo’s Joining the EAC Bloc Affect Regional Trade?

The Democratic Republic of Congo (DRC) in 2019 expressed interest in joining the East African Community (EAC) regional bloc to tap into the benefits of the regional trade and expanded markets. Using the SMART-WITS Model simulation approach, this study examines the likely trade effects of DRC’s membership to the EAC.

The study reveals that trade effects are positive among the EAC partner states, more so for Rwanda and Uganda, given that there are the current leading EAC exporters to DRC. Specifically, DRC’s membership to the EAC increases exports of Rwanda by USD 81 million, Uganda (USD 60 million), Tanzania (USD 50 million), Kenya (USD 42 million) and Burundi (USD 6 million), Tanzania (USD 50 million), Kenya (USD 42.5 million) and Burundi (USD 6 million).

Attached Files

FileAction
How Will the Democratic Republic of Congo’s Joining the EAC Bloc Affect Regional Trade?.pdfDownload
Share:

Leave a Reply

Your email address will not be published.