Here’s how to deal with EAC’s defaulters, DR Congo, South Sudan and Burundi - News Summed Up

Here’s how to deal with EAC’s defaulters, DR Congo, South Sudan and Burundi


Though South Sudan President Salva Kiir is the Chairman of the EAC, his country owed $8.6 million. They do that months later, as Burundi and South Sudan did. As early as next week, both ports can hold a fireside sale of DRC, South Sudan and Burundi goods that haven’t been collected for 90 days. Last week, South Sudan said exports would resume within a fortnight. The EAC could get a cut there too; for every 25 barrels South Sudan exports, it could allocate one to pay its Community dues.


Source: Daily Nation June 08, 2024 20:01 UTC



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