east african community wikipedia - EAS
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The East African Community (EAC) is an intergovernmental organisation composed of seven countries in the Great Lakes region of East Africa: the Democratic Republic of the Congo, the United Republic of Tanzania, the Republics of Kenya, Burundi, Rwanda, South Sudan, and … See more
Formation and re-formation
Kenya, Tanzania, and Uganda have cooperated with each other since the early 20th century. The East African Currency Board provided a common currency from 1919 to 1966. The … See morePotential expansion
Angola
In 2019, President Lourenço mediated the re-opening of the borders and ending hostilities between … See moreImportance of the customs union
The key aspects of the customs union include:
1. a Common External Tariff (CET) on imports from third countries;
2. duty-free trade between the member states; and See moreAs of March 2022, the combined population of all seven EAC member states was 312,362,653. The EAC would have the fourth largest population in the world, if considered a single entity.
The EAC contains 14 cities with populations of over … See moreThe geographical region encompassed by the EAC covers an area of 4,810,363 square kilometres (1,857,292 sq mi), with a combined … See more
It has been argued, however, that the commonalities go far deeper. Many of the national elites old enough to remember the former EAC often share memories and a sharp sense of loss at its eventual dissolution. More cynically, others have argued that this … See more
The new treaty was proposed with plans drawn up in 2004 to introduce a monetary union with a common currency, the East African shilling, some time between 2012 and 2015. There were also plans for a political union, the East African Federation, with a … See more
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