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What is EAC common market?
The Common Market is the second Regional Integration milestone of the East African Community (EAC), which has been in force since 2010, in line with the provisions of the EAC Treaty. It follows the Customs Union, which became fully-fledged in January 2010.
- Integration Pillar - East African Community
The Common Market is the second Regional Integration...
- EAST AFRICAN COMMUNITY
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- Integration Pillar - East African Community
The concept of a common market involves the elimination of all obstacles to intra-community trade in order to merge the national markets into a single market bringing about the conditions as close as possible to those of a genuine internal market.
Visit Desk. The Common Market is the second Regional Integration milestone of the East African Community (EAC), which has been in force since 2010, in line with the provisions of the EAC Treaty.
May 16, 2024 · Home. Pillars of Intergration. Common Market. The Common Market represents the second pillar of the EAC regional integration process (as defined by the Treaty for the Establishment of the East African Community), following the Customs Union, which became full-fledged in January 2010.
Website. www .comesa .int. The Common Market for Eastern and Southern Africa ( COMESA) is a regional economic community in Africa with twenty-one member states stretching from Tunisia to Eswatini. COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981.
INTRODUCTION. 1.1 Background. The EAC partner states entered into a Common Market Protocol (CMP) in November 2009. The CMP became effective in July 2010. The overall objective of the Common Market is to widen and deepen cooperation among the partner states in the economic and social fields.