CHAPTER TWELVE
CO-OPERATION IN INVESTMENT AND
INDUSTRIAL DEVELOPMENT
ARTICLE 79
Industrial Development
In order to promote the achievement of the objectives of the Community as
set out in Article 5 of this Treaty, the Partner States shall take such steps in the
field of industrial development that will:
(a)
promote self-sustaining and balanced industrial growth;
(b)
improve the competitiveness of the industrial sector so as to
enhance the expansion of trade in industrial goods within the
Community and the export of industrial goods from the Partner
States in order to achieve the structural transformation of the
economy that would foster the overall socio-economic development
in the Partner States; and
(c)`
encourage the development of indigenous entrepreneurs.
ARTICLE 80
Strategy and Priority Areas
1.
For purposes of Article 79 of this Treaty, the Partner States shall take
measures to:
(a)
develop an East African Industrial Development Strategy;
(b)
promote linkages among industries within the Community through
diversification, specialisation and complementarity, in order to
enhance the spread effects of industrial growth and to facilitate the
transfer of technology;
(c)
facilitate the development of:
(i)
small-and-medium scale industries including sub-contracting
and other relations between larger and smaller firms;
55