Ads
related to: benefits of members comesa pdf document template editablepdfsimpli.com has been visited by 1M+ users in the past month
uslegalforms.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
COMESA is one of the pillars of the African Economic Community. In 2008, COMESA agreed to an expanded free-trade zone including members of two other African trade blocs, the East African Community (EAC) and the Southern Africa Development Community (SADC). COMESA is also considering a common visa scheme to boost tourism. [5]
The biggest difference in the idea of the original Cape to Cairo zone and its current incarnation is that the African Free Trade Zone is the creation of African Countries for the mutual benefit and development of the AFTZ member countries, their peoples and the whole of continent of Africa rather than a trade zone for the benefit of Great Britain.
The African Economic Community (AEC) is an organization of African Union states establishing grounds for mutual economic development among the majority of African states. The stated goals of the organization include the creation of free trade areas, customs unions, a single market, a central bank, and a common currency (see African Monetary Union) thus establishing an economic and monetary union.
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.
The Regional Economic Communities (RECs) in Africa group together individual countries in subregions for the purposes of achieving greater economic integration. They are described as the "building blocks" of the African Union and are also central to the strategy for implementing the African Development Development Agency (AUDA-NEPAD).
The Tripartite Free Trade Area (TFTA) is a partially implemented African free trade agreement between the Common Market for Eastern and Southern Africa (COMESA), Southern African Development Community (SADC) and East African Community (EAC). [1]
Ads
related to: benefits of members comesa pdf document template editablepdfsimpli.com has been visited by 1M+ users in the past month
uslegalforms.com has been visited by 100K+ users in the past month