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Tanzanian govt to support development of textile & garment industries


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Tanzanian government will mobilise the development of the textile and garment industries as it works towards improving the ease of doing business in the country. The ministry of industry and trade is in the process of consulting stakeholders from various industries to review 22 laws and implement regulatory reforms for improving the business environment.
In the budget for financial year 2021-22 announced last week, Tanzanian government amended two laws through the Finance Act of 2020 and is in the process of introducing the Trade Remedies Act of 2021 to protect local businesses, control importation of products and market distortion by subsidised products which come to the local market at lower prices. ....

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