WAVING OR DROWNING? THE IMPACT OF COVID-19 ON EAST AFRICAN TRADE.
February 17, 2021WAVING OR DROWNING? THE IMPACT OF COVID-19 ON EAST AFRICAN TRADE.
The COVID-19 flagship report launch demonstrates TradeMark East Africa, United Nations Economic Comission for Africa and the African Economic Research Consortiums commitment to a mutually beneficial partnership that informs their ongoing work, as well as policy-making in the region. The report provides recent evidence critical to supporting policy options, implementation, and direction on mitigatingthe adverse effects of the COVID-19 crisis in East Africa. For example, the report includes policy insights on short-term measures that governments in East Africa can institute to cushion economies and businesses during and after the pandemic.
Thus, the objectives of the launch event are:
- Inform our partners on the key findings of the report which provides evidence to inform policies and strategies countries could explore to cushion economies including sectors and businesses affected by the pandemic;
- Provide TMEA with a forum to communicate its Safe Trade interventions that support countries and businesses in the ongoing COVID-19 pandemic;
- Increase the visibility of UNECA, AERC and TMEAs roles in spearheading and generatingnew knowledge on regional integration matters;
- Communicate to UNECA, AERC and TMEA stakeholders and general public data-driven evidence on implications of the COVID-19 crisis on regional trade and broadly on EAC economies.
