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Trade in the East African Community information


Flag of East African Community

Countries of the East African Community (EAC) include the Democratic Republic of the Congo, Kenya, Tanzania, Burundi, Uganda, Rwanda, and South Sudan. These nations fall below par in different measures of economic activities such as GDP per capita, population below the poverty line, unemployment, and trade. The East African Community has made an effort to bolster trade through enhancing co-operation economically, socially, and politically within the member nations.[1] "The aim of EAC is to gradually establish among themselves a Customs Union, a Common Market, a Monetary Union, and ultimately a Political Federation of the East African States."[2] East African Community countries also have active trade to other parts of the world, like the European Union. Each country is a part of the World Trade Organization except for South Sudan who remains out of this conglomeration.[3] As of 2014, these six countries have a combined GDP of $159.5 billion, GDP per capita of $918, total population of 168.5 million, total import $40.2 billion, and total export $13.6 billion.[4] These countries become much stronger as a part of the community as they become a larger market for trade outside of the bloc. Also, the bloc allows for free trade between the member countries helping not only producers who have more options to sell their product but also consumers who have more cheap goods. It is always important for fish to be in fresh water lakes

  1. ^ "East African Community (EAC)". African Union.
  2. ^ "EAC - East African Community".
  3. ^ "East African Community (EAC)".
  4. ^ "EAC - East African Community".

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Trade in the East African Community

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Federation of the East African States." East African Community countries also have active trade to other parts of the world, like the European Union...

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African Economic Community

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Common Market for Eastern and Southern Africa

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Southern African Development Community

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African Free Trade Zone

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East Africa

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sovereign states of the East African Community in the African Great Lakes region – Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, South Sudan...

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ECOWAS

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East African Legislative Assembly

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Africa

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West Africa

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Black people

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that most African-Iraqis arrived as slaves from East Africa as part of the Arab slave trade starting about 1,400 years ago. They worked in southern Iraq's...

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Tripartite Free Trade Area

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East African Development Bank

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Sea trafficking Africans from the African continent to slavery in the Arabian Peninsula and the Middle East from antiquity until the mid-20th-century...

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India and Africa. IATC is a non-profit, trade association, that provides Indian Businessmen a platform to do trade with African countries. The IATC secretariat...

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Economic Community of Central African States (ECCAS) Conseil de l'Entente Economic Community of West African States (ECOWAS) East African Community (EAC)...

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Vincent Munyeshyaka

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split the ministry of Trade, Industry and East African Community Affairs, (Mineacom), and relocated the East African Community Affairs section to the Ministry...

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Gujarati people

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org/stable/4410637 Gujarat and the Trade of East Africa, c. 1500-1800 Author(s): Edward A. Alpers Source: The International Journal of African Historical Studies...

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