Leveraging the WTO Trade Related Investment Measures (TRIMs) Agreement to Spur Industrialization.

    In the history of Tanzania economy, industrialization promotion has been thought of as one of key factors in transforming Tanzania’s society and making it less dependent economy. Effort towards promoting the manufacturing and industrial sectors in Tanzania is not a new phenomenon. It has been there since Tanzania gained its independence in 1961. Against this background, a number of non-trade related and trade related investment measures such as policies, strategies, and rules across different political regimes have been introduced purposely to foster the industrialization process. Thus, industrial sector remains as one of the key contributing sectors to the Tanzanian economy.

    According to the collaborative work of UNUWIDER and REPOA as reported by Page (2016) points out that Tanzania ranks among the leading stars of the ‘African growth miracle’ among other miracle countries (i.e., Ghana, Kenya, Uganda and Rwanda). Page further indicates that on average, for the past two decades, Tanzania has annual growth of 5 - 7 percent of GDP, per capita GDP averaged between 2.5 – 3.5 % per year slightly above the average per capita growth of the entire subSaharan Africa. The report stresses that despite the struggle of the government in promoting industrialization, industry sector (such as manufacturing and agro-industry) has been to great extent not successful. The report further sheds light that albeit Tanzania aspires to achieve middle-income economy, the country suffers from a ‘manufacturing deficit’ at its current level of per capita income and diversification. However, the current Tanzania Economic Outlook (2017) projected economic growth to be steadily at 6.2% for the period between 2017 and 2026 (Tanzania Economic Outlook, 2017).This is a promising indicator for both foreign and local investors of which the government perfecting other enabling measures.

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ESRFs activities are supported by the Government of the United Republic of Tanzania, United Nations Development Programme (UNDP), African Capacity Building Foundation (ACBF) and International Development Research Centre (IDRC)