Comesa

INTRODUCTION The acronym COMESA stands for The Common Market for Eastern and Southern Africa. The electric chair of the COMESA banish is the Malawian President Ngwazi Bingu wa Mutharika. Vision: To be a fully integrated, internationally competitive regional federation; a community within which there is frugal successfulness as evidenced by high standards of living for its people, semipolitical and mixer stability and peace, community within which goods, services, capital and fight argon free to move across national borders. representation: reach to achieve sustainable sparing and social get along with in all member states through increased cooperation and consolidation in all fields of development. Main Objective: To win economic cooperation in all fields of economic military action in order to achieve sustainable transformation of the expression of toil of the national economies of member states The roots of COMESA can be traced as far as when the f irst and second conferences of autonomous African States held in Accra, Ghana, in April 1958 and in Addis Ababa, Ethiopia in June 1960, respectively, the economic problems to be faced by independent Africa were discussed.

There was a consensus that the puniness and fragmentation of post-colonial African national markets would constitute a study obstacle to the diversification of economic activity, away from a tightfistedness on production of a narrow tell of primal exports, to the origination of modern and internationally competitive enterprises, which would accomplish municipal needs and meet export requirements. It was, therefore, agreed that African countries which had gained po litical independence, should promote economi! c co-operation among themselves. Two options were advocated for the implementation of the integrating dodging in Africa: a) The Pan-African, all-embracing regional approach, which envisaged the immediate creation of a regional continental economic arrangement; b) The geographically narrower approach...If you sine qua non to get a full essay, order it on our website: OrderEssay.net

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