Comesa

INTRODUCTION The acronym COMESA stands for The Common Market for Eastern and Southern Africa. The chairman of the COMESA banish is the Malawian President Ngwazi Bingu wa Mutharika. Vision: To be a fully integrated, internationally competitive regional companionship; a community within which there is frugal prosperity as evidenced by high standards of living for its people, political and mixer stability and peace, community within which goods, services, capital and poke argon free to move across national borders. tutelage: reach to achieve sustainable stinting and social get along with in all member states through increased cooperation and consolidation in all fields of development. Main Objective: To pass on economic cooperation in all fields of economic operation in order to achieve sustainable transformation of the building of toil of the national economies of member states The roots of COMESA can be traced as far as when the first and second conf erences of free lance 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 go astray of primal exports, to the man of modern and internationally competitive enterprises, which would pander municipal needs and meet export requirements. It was, therefore, a greed that African countries which had gaine! d political independence, should promote economic co-operation among themselves. Two options were advocated for the implementation of the consolidation 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: OrderCustomPaper.com

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