Kigali
December 1994
As of my last update in October 2023, the current chairman of COMESA (Common Market for Eastern and Southern Africa) is President Hakainde Hichilema of Zambia. He took over the chairmanship during the 21st COMESA Summit held in Lusaka in July 2021. For the most up-to-date information, it's advisable to check COMESA's official communications or recent news sources.
His Excellency Jacob Zuma
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Mweusi Karake has written: 'COMESA'
The Common Market for Eastern and Southern Africa (COMESA) was formed to promote regional economic integration through trade and investment among member states. Its main aims include enhancing trade cooperation, reducing trade barriers, and fostering economic development in the region. Benefits of COMESA include increased market access for member countries, improved infrastructure and trade facilitation, and greater economic stability through collaboration and shared resources. Ultimately, COMESA seeks to boost economic growth and development in Eastern and Southern Africa.
COMESA (Common Market for Eastern and Southern Africa) faces several weaknesses, including limited integration among member states and varying levels of economic development, which hinder cohesive policy implementation. Additionally, political instability in some member countries can disrupt trade and investment. Furthermore, infrastructure deficits and inadequate financing mechanisms constrain regional trade growth and competitiveness. Lastly, the reliance on external funding for projects can limit COMESA's autonomy and effectiveness in achieving its objectives.
South Sudan is primarily involved in regional trade blocs such as the Intergovernmental Authority on Development (IGAD) and the Common Market for Eastern and Southern Africa (COMESA). IGAD focuses on economic cooperation and political stability in the Horn of Africa, while COMESA aims to promote regional integration through trade and investment among member states. South Sudan's participation in these blocs is crucial for its economic development and stability, especially given its ongoing challenges related to infrastructure and governance. Additionally, South Sudan seeks to strengthen its trade relationships with neighboring countries to enhance economic growth.
Three regional economic blocs - the East African Community (EAC), Comesa, and the Southern Africa Development Community (Sadc) - plan an integrated market with a population of 500 million people and a gross domestic product (GDP) of $875 billion.
Francis Mangeni has written: 'African influence in the World Trade Organisation' -- subject- s -: World Trade Organization 'COMESA' -- subject- s -: Common Market for Eastern and Southern Africa, Southern Africa, Free trade, Eastern Africa, Economic integration 'WTO negotiations on rules on regional trade agreements' -- subject- s -: Foreign trade regulation, General Agreement on Tariffs and Trade - Organization -, Trade blocs, World Trade Organization 'Africa and the World Trade Organisation'
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