2016 | OriginalPaper | Buchkapitel
East African Community (EAC)
verfasst von : Palgrave Macmillan
Erschienen in: The Statesman’s Yearbook
Verlag: Palgrave Macmillan UK
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The East African Community (EAC) was formally established on 30 Nov. 1999 with the signing in Arusha, Tanzania of the Treaty for the Establishment of the East African Community. The Treaty envisaged the establishment of a Customs Union, as the entry point of the Community, a Common Market, subsequently a Monetary Union and ultimately a Political Federation of the East African States. In Nov. 2003 the EAC partner states signed a Protocol on the Establishment of the East African Customs Union, which came into force on 1 Jan. 2005. The Common Market came into force on 1 July 2010.