Tanzania Trade Development Authority (TanTrade) was established by the Tanzania Trade Development Authority Act No 4 of 2009 that repealed the Board of External Trade Act No. 5 of 1978 and the Board of Internal Trade Act No. 15 of 1973. It is vested with regulatory powers to perform the activities related to both internal and external trade that had previously been performed by the Board of External Trade and the Board of Internal Trade.