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Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), with Rwanda and Burundi joining the FTA in 2004, the Comoros and Libya in 2006, Seychelles in 2009, Uganda in 2012 [4] and Tunisia in 2018. COMESA is one of the pillars of the African Economic Community.
The Commonwealth of Nations is a voluntary association of 56 sovereign states, referred to as Commonwealth countries. [1] Most of them were British colonies or dependencies of those colonies . No government in the Commonwealth exercises power over the others, as is the case in a political union .
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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.
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 ]
State (57) [1] GNI [2] Currency [3] UN [4] AU [5] Interregional South African West African Central African East African North African CEN-SAD COMESA CEPGL SADC SACU ECOWAS UEMOA
The dominant customary international law standard of statehood is the declarative theory of statehood, which was codified by the Montevideo Convention of 1933. The Convention defines the state as a person of international law if it "possess[es] the following qualifications: (a) a permanent population; (b) a defined territory; (c) government; and (d) a capacity to enter into relations with the ...
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.