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The European Union Business Group was formed in early 2015 and is a strategic partner for improving Tanzania's business climate and promoting trade and investment between the two parties. Historically, the EU and the United Republic of Tanzania have had a strong economic relationship in regard to investment, trade and donor relations. As a bloc, the EU is Tanzania's second export destination and its third largest trading partner.
Roughly 16% of Tanzania’s global exports are destined for the EU's 28 Member States. According to the EU statistics, total trade between the EU and Tanzania amounted to €1,389 million in 2013 representing 10% of Tanzanian total trade. The European Union Business Group is supported by the European Union Diplomatic Mission and is intended to act as a structured association in support of the European private sector operating in the United Republic of Tanzania. This group allows firms to exchange information and experience, and carry out advocacy and lobby activities together under one common "EU businesses" banner EU companies in Tanzania
Make up 40% of the TRA Large Taxpayers unit
Account for US $19,240.46 million in registered investment
Represent 22 EU+ countries
Employ 93,826 people
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Becoming a member
The EUBG provides a networking platform for members to gain knowledge of the business environment and to keep abreast of the fast developing economic and business opportunities.
Companies eligible for membership include investors from the EU+ member states.
Find out more
Companies eligible for membership include investors from the EU+ member states.
Find out more
