ISDS Case Map
COMESA
With government seemingly in no hurry to entertain the business community advocating for the country to re-join the COMESA trade bloc, the group does not want to let go.
Nature abhors a vacuum, and so when regional organisations go making ostensibly grandiose claims that they will create a single currency, seek economic convergence, or establish an army, it is easy to speculate that these are not articulated outside a context.
The Southern African Development Community (SADC) has okayed Tanzania's multi-regional block membership, thus paying the way for the east African country to remain in SADC with its East African Community affiliation.
The transformation of the Common Market for Eastern and Southern Africa (Comesa) Free Trade Area (FTA) into a Customs Union in the next two years will open up bigger markets for exporters, an industrialist has said.
The World Economic Forum on the Middle East concluded in Egypt last month with the drawing up of a list of objectives aimed at driving the growth of the regional economy. In the wake of these talks one thing is clear; business in many sectors is booming and Egypt's manufacturing industry is reaping the rewards of the Arab Free Trade Agreement (AFTA).
East African countries have been implored to pull out their individual membership from the Common Markets for Eastern and Southern Africa (COMESA) and South Africa Development Community (SADC) and choose the suitable one to re-join it as an EAC bloc.
President Kagame, who was officially opening the 21st Common Market for Eastern and Southern Africa (COMESA) Council of Ministers meeting at Hotel Intercontinental, said that while Africa is keenly negotiating for a fairer international trade system, it had done little to open up its markets with conducive investment climates and policies.
Comoros and Libya have joined the Free Trade Area (FTA) of the Common Market for Eastern and Southern Africa (COMESA), the continent's largest economic group.
Uganda will join the Common Market for East and South Africa (Comesa) Free Trade Area within three weeks. Mr Nathan Nabeta, State Minister for Trade disclosed.
The challenges of overlapping memberships of regional groupings are coming to the fore as African, Caribbean and Pacific (ACP) countries seek a new economic partnership with the European Union (EU).
