Friday, July 27, 2012

Aga Khan signs agreement with EAC to uplift economic development in East Africa

His Highness the Aga Khan together with the Secretary General of the East African Community ambassador Richard Sezibera have together signed an agreement meant foster and expand the economic, social and cultural development in the East African region.

The founder of the Aga Khan Development Network (AKDN) met the ambassador at EAC headquarters in Arusha, Tanzania last week to lay down foundation and formulate possible strategies on the way forward for East Africa. The agreement signed upon is expected to nature long-term benefits to the East African people in terms of accelerating economic development.

The East African Community partner states shall now work hand in hand in building the region with the assistance of AKDN. The joint effort shall among many objectives focus on developing and modernizing Arusha in Tanzania to give it a new outlook in terms of governance, intellectual exchange and economic development. The religious and ethnic diversity are among the agendas stipulated in the agreement where emphasis has been placed on the importance of building a prosperous society. “This partnership reflects the vision articulated in the first EAC Development Strategy in 1997,” said Mr.

Sezibera while specifying EAC’s commitment in enhancing economic developments in the region. He also gave an emphasis on the core mandate of the East African Community of fostering the agreements aimed at boosting both regional and international cooperation with its development partners

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