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The Authority is tasked with the general policy direction and controlling the overall performance of the executive functions of COMESA. The COMESA Authority meets once a year at Summits which are held in different member States. The hosting government and the COMESA Secretariat bear joint responsibility for their organization.
The SADC is the largest of the AFTZ member trade blocks and covers a population of some 248 million people and a zone whose cumulative GDP is $379bn in 2006. COMESA was established in 1994 as a replacement for the Preferential Trade Area. It includes 20 nations, with a combined GDP of US$286.7bn in 2006.
also member of SADC and COMESA Djibouti: 2000– 23,200 also member of IGAD and COMESA Egypt: 2001– 1,010,408 also member of COMESA, candidate to AMU/UMA Eritrea: 1999– 117,600 also member of IGAD and COMESA Gambia: 2000– 10,689 also member of ECOWAS/CEDEAO and WAMZ Ghana: 2005– 239,567 also member of ECOWAS/CEDEAO and WAMZ Guinea: 2007 ...
The 29 tripartite member/partner countries represent 53% of the African Union's membership, more than 60% of continental GDP ($1.88 trillion), and a combined population of 800 million. [ 2 ] Negotiations between the three trade blocs first began in June 2011. [ 1 ]
The Common Fund for Commodities (CFC) is an intergovernmental financial institution established within the framework of the United Nations. It is a vestige of the proposed New International Economic Order. The CFC finances commodity development projects in developing states. The CFC was established in 1989.
The Eastern and Southern African Trade and Development Bank, also known as TDB, was established on 6 November 1985 under Chapter Nine of the Treaty for the Establishment of the Preferential Trade Area for Eastern and Southern African States, which entered into effect on 2 September 1982 and was subsequently replaced by the Treaty for the Establishment of the Common Market for Eastern and ...
Some of the main goals for the Member States were to be less dependent on apartheid South Africa and to introduce programmes and projects which would influence the Southern African countries and whole region. [1] The Co-ordination Conference was a result of consultations in the late seventies.
The Heads of State and Government Implementation Committee (HSGIC) for the project finalized the policy framework and named it the New Partnership for Africa's Development on 23 October 2001. NEPAD is now a program of the African Union (AU) that has replaced the OAU in 2002, though it has its own secretariat based in South Africa to coordinate ...