Disclaimer: The purpose of this service is to collate relevant information on regional integration and trade already in the public domain and to distribute it to a targeted audience. The views expressed in these articles do not necessarily reflect the views of TradeMark Southern Africa or its sponsors, clients and partners. TradeMark Southern Africa is also not responsible for any errors of fact contained in the articles.

Northern Corridor most expensive route in Africa

Kampala: Multiple weighbridges, lack of harmonised axle load limit control and numerous roadblocks, especially on the Northern Corridor route are still impeding the smooth flow of trade, leading to increased costs of doing business in the region. The acting Executive Secretary, Permanent Secretariat of the Transit Transport Coordination Authority of the Northern Corridor, Mr Philip Mwanthi, decried the presence of non-tariff barriers (NTBs), which he said have made the Northern Corridor the most expensive route in Africa.

NTBs account for over 40 per cent of the cost of trade along the Northern Corridor, which costs are then passed on to consumers in form of high commodity and service prices.

Being landlocked, Uganda relies on the Northern Corridor for the largest fraction of transporting its import and export cargo. The route also serves other countries such as Rwanda, Burundi and the Democratic Republic of Congo.

Cumbersome customs procedures, long truck queues, poor road infrastructure and slow progress on the railway system are some of the other factors identified as big obstacles to regional trade.

Date: 
4 August 2011
Source:
Daily Monitor
share
Get the latest news:
Twitter Follow this News Feed on Twitter

Facebook Receive this News Feed in your inbox

RSS Subscribe to this News Feed on RSS

News

© Copyright TradeMark Southern Africa 2013

Twitter
Facebook
RSS
Email
YouTube