The Vision of COMESA COMESA Member States The Numbers
Transcription
The Vision of COMESA COMESA Member States The Numbers
What is COMESA What COMESA Offers COMESA stands for the Common Market for Eastern and Southern Africa. COMESA offers its members and partners a wide range of benefits which include: COMESA is a regional economic community comprising of 19 African States that came together to promote regional integration through trade and the development of natural and human resources for the mutual benefit of all people in the region * * * * * * The Vision of COMESA The vision of COMESA is to be a fully integrated economic community that is prosperous, internationally competitive, and ready to merge into the African Economic Community. COMESA Member States Burundi, Comoros, Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia and Zimbabwe. The Numbers • • • • Member States - 19 Population – 482 million Gross Domestic Product - $667 billion Landmass - 11.6 million Km2 A wider, harmonised and more competitive market Greater industrial productivity and competitiveness More harmonised monetary, banking and financial policies Increased agricultural production and food security A more rational exploitation of natural resources More reliable transport and communications infrastructure COMESA programmes • Trade liberalization: establishment of a Free Trade Area that includes removal of Non-Tariff Barriers (NTB’s) including foreign exchange restrictions, removal of taxes on foreign exchange, import and export quotas, road blocks, easing of Customs formalities, extending times border posts are open, creation of “one stop border posts”, among others • Trade facilitation: development of trade facilitation instruments • Investment Promotion and Private Sector Development • Infrastructure development: covering roads, railway, telecommunications, Information Communication Technology, energy, air and maritime transport • Governance, Peace and Security • Gender and social affairs • Climate change •Agriculture COMESA Institutions The PTA Bank COMESA Clearing House COMESA Monetary Institute African Trade Insurance Agency COMESA Competition Commission PTA Reinsurance Company (ZEP-RE) COMESA Regional Investment Agency COMESA Leather and Leather Products Institute Federation of National Associations of Women in Business Specialized agencies • • Alliance for Commodity Trade in Eastern and Southern Africa (ACTESA) COMESA Business Council (CBC) Judicial arm COMESA Court of Justice Decision making structure • • • • • • Authority of Heads of State & Government – (The Summit) Council of Ministers Inter-Governmental Committee Committee of Governors of Central banks Technical Committees The Secretariat COMOROS Common Market for Eastern and Southern Africa (COMESA) Secretariat Ben Bella Road P O Box 30051, Lusaka, ZAMBIA Tel +260 221 229725/32 Fax +260 221 225107 Email: info@comesa.int http://www.comesa.int A publication of the PR Unit supported by the European Union under the Regional Integration Support Programme COMESA “Growing Together, for Prosperity”
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