THE UNIVERSITY OF DODOMA

SCHOOL OF LAW
DEPARTMENT OF PUBLIC LAW
COURSE NAME: INTERNATIONAL TRADE LAW
COURSE CODE: LW 425
COURSE INSTRUCTOR: DR. GAMBA
NATURE OF THE WORK: INDIVIDUAL ASSIGNMENT
SUBMISSION DATE: January 6, 2022.
STUDENT PARTICULARS
NAME REGSTRATION NUMBER SUBJECT NO.
JOSHUA MATIKO T/UDOM/2018/12572 34 2nd generation

QUESTION;
Read Tanzania Foreign Policy, extract how it facilitates International Trade and Financing Law.

1
 DEVELOPMENT OF THE TANZANIA’S FOREIGN POLICY

The United Republic of Tanzania is a product of union between Tanganyika and Zanzibar on
April 26 1964.1 Prior to the union, Tanganyika was a British colony up to 1961 when she got her
independence on the same year. Zanzibar on the other hand, attained her independence on 1963
from the British Colonial master. Thus, due to geographical factors and a common history
between Tanganyika and Zanzibar the union was seem to be meritorious. 2 In 1967 Tanzania was
declared to be a Socialist state under the Ujamaa and Self-Reliance during the Arusha
declaration. However in 1980’s with the fall of the Socialism, the country’s policies were
reviewed, one being the foreign policy.

The foreign policy was reviewed so as to reflect the social and real context of Tanzania. For
instance the need to acquire debts from IMF and WB. 3 Tanzania formulated the new foreign
policy in 2001 which is greatly facilitates the International Trade and Financing Law. 4 The
facilitation can be seen as follows;

TANZANIA’S FOREIGN POLICY AND INTERNATIONAL TRADE AND FINANCING

LAW

Facilitation of internal sovereignty and peace. The policy adheres to facilitation of the Tanzania’s
sovereignty so as to preserve the existence of the country. The policy also aims at promoting
internal peace which will facilitate more foreign investment and tourism. With these sectors
international trade and finance develops highly.5

1
Britannica “Tanzania” https://www.britannica.com/place/Tanzania accessed on January 2, 2022.
2
Alistair Boddy-Evans, ThoughtCo, “History of Tanzania” https://www.thoughtco.com/very-short-history-of-
tanzania-44080 accessed on January 2, 2022.
3
IMF is abbreviation of the International Monetary Fund, while WB is abbreviation of the World Bank. These
organs set SAP requirements for a country to attain loans from them, for instance liberalization of the economy. See
Clay Halton, “What Is a Structural Adjustment?” https://www.investopedia.com/terms/s/structural-
adjustment.asp#:~:text=A%20structural%20adjustment%20is%20a,free%20trade%2C%20and%20so%20on.
Accessed on January 2, 2022.
4
International Trade and Finance Law refers to branch of law relating to the trans-border flow of goods and services
and payment methods and systems therein. Specifies terms, rights and obligations in International Trade contracts
from purchase, transportation and payment of goods and services. See Homer E. Moyer, Law Firms, “International
Trade and Finance Law”
https://bestlawfirms.usnews.com/international-trade-and-finance-law/overview#:~:text=International%20Trade
%20and%20Finance%20includes,and%20across%20nations%20and%20cultures accessed on January 3, 2022
5
The Ministry of Foreign Affairs and International Cooperation, “Tanzania Foreign Policy,” 2001 pg., 1, 4, 10 &
11.

2
Facilitation of the friendly relationship between Tanzania and other Countries. This will be
facilitated by bilateral and multilateral agreements. The agreements will render to the high rate of
flow of goods between and among the countries. For instance the construction of the SGR
currently facilitates the importation of the raw materials, goods and services in Tanzania.6

Facilitation of the United Nations goals on social, political and economic and other international
Organizations like Common Wealth Organization. The facilitation of these enables the
international trade to take place as well as international financing.7

Facilitation of African Unity and the regional integrations. The policy provides for the
facilitation of regional integrations like SADC and EAC. These regional integrations facilitates
the international trade and finance law as they tend to facilitate flow of goods within the region.
For example the introduction and adoption of the Custom Union by the regional integrations.8

Facilitation of the economic diplomacy. This involves the use government resources in
development of the country’s economy, international trade and promoting investment.9 This will
widen the international trade and finance role in Tanzania.10

Re-addressing financial issues and external debts. The policy requires Tanzania to cooperate
with International institutions like IMF and WB in order to facilitate development. Provisions of
loans and advice on development strategies is also an essential stage to be adhered by Tanzania.11

Promotion of economy liberalization and acknowledge to globalization. Liberalization of the

economy will promote international trade and financing as well as investment where the flow of
goods and services will highly demanded. Adhering to the role of globalization to the economy,
the intertwined trade system around the globe will take place in Tanzania. The high flow of
goods in international level to Tanzania facilitates the International Trade and Finance Law.12

6
Ibid, pg., 1, 4, 10 & 15
7
Ibid, pg., 20 & 21
8
Ibid, pg., 16 & 17
9
Ryan Gener, DiploFoundation, “Economic Diplomacy” https://www.diplomacy.edu/topics/economic-
diplomacy/#:~:text=Economic%20diplomacy%20is%20the%20use,to%20promote%20foreign%20policy
%20objectives. Accessed on January 3, 2022.
10
Supra, note 5 pg., 12
11
Ibid, pg., 22
12
Ibid, pg., 1, 12

3
 REFERENCE

The Ministry of Foreign Affairs and International Cooperation, “Tanzania Foreign Policy,” 2001

ONLINE SOURCES

Alistair Boddy-Evans, ThoughtCo, “History of Tanzania” https://www.thoughtco.com/very-

short-history-of-tanzania-44080 accessed on January 2, 2022

Britannica “Tanzania” https://www.britannica.com/place/Tanzania accessed on January 2, 2022.

Clay Halton, “What Is a Structural Adjustment?”

https://www.investopedia.com/terms/s/structural-adjustment.asp#:~:text=A%20structural
%20adjustment%20is%20a,free%20trade%2C%20and%20so%20on. Accessed on January 2,
2022.

Homer E. Moyer, Law Firms, “International Trade and Finance Law”

https://bestlawfirms.usnews.com/international-trade-and-finance-
law/overview#:~:text=International%20Trade%20and%20Finance%20includes,and%20across
%20nations%20and%20cultures accessed on January 3, 2022

Ryan Gener, DiploFoundation, “Economic Diplomacy”

https://www.diplomacy.edu/topics/economic-diplomacy/#:~:text=Economic%20diplomacy
%20is%20the%20use,to%20promote%20foreign%20policy%20objectives. Accessed on January
3, 2022.