This training module, developed by the University of Dar es Salaam Business School, presents an empirical assessment of foreign trade policy and performance in Tanzania since 2003.
The analysis suggests that there is a strong relationship between trade and the country’s economic growth. The intensification of regional integration, in particular the implementation of EAC-CU protocol, improved intra-regional trade and consequently increased Tanzania's relative share in the region. Generally, regional integration presents opportunities and challenges which must be appropriately addressed by member countries to have positive impact on economy. In particular, EAC partner states must ensure that the process is inclusive and owned by stakeholders. EAC must also improve production by creating a more favourable investment climate that addresses supply-side constraints, such as the existing rudimentary infrastructure and laws and regulations that affect private sector development. Tanzania’s geographical location, together with its wealth of natural resources, should serve the country to improve its trade competitiveness.