Tanzania, Rwanda throw weight behind trade, investments

Tanzania and Rwanda have agreed to reform  transport and logistics sectors in order to boost trade and investments in the two East African Community member states.

Briefing reporters at a joint press conference held at the State House in Dar es Salaam on Thursday shortly after a meeting with her Rwandan counterpart Paul Kagame, Tanzania’s President Samia Suluhu Hassan said trade volume between the two parts does not reflect  the abundant resources available in the two countries hence there is a need to capitalize on infrastructure to address the challenge.

Over the matter, she said, there must be reforms in the sector for the two countries to be in the position to exploit available natural resources.

“We are now working on strengthening our ports, especially Dar es Salaam and Tanga which used by Rwanda…

“We have also discussed on how to strengthen other means of communications so that Tanzania can provide effective services to Rwanda and other countries that surrounds us,” she said.

Giving update of the ongoing the Rusumo Power Project, Tanzania’s Head of State said it was going well and both have agreed to launch together.

 Falls project located at the common border of Rwanda and Tanzania on River Kagera is going on well and that they have agreed to launch it together.

On his part, Rwanda’s Paul Kagame said that Tanzania is a very key partner for Rwanda particularly with respect to trade logistics and connectivity.