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The Free Trade Area of the Common Market for Eastern and Southern Africa

The Free Trade Area of the Common Market for Eastern and Southern Africa
Author: Victor Murinde
Publisher: Routledge
Total Pages: 274
Release: 2017-05-15
Genre: Business & Economics
ISBN: 1351889400

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In the last ten years, while GATT and (later) WTO were actively advocating the doctrine of free trade, the world witnessed unprecedented formation of regional trading blocs. Focusing on the prospects and challenges of the free trade area of the Common Market for Eastern and Southern Africa (COMESA) and the question of regional trade integration, the book also combines in-depth theoretical and empirical analysis with leading edge discussion of institutional and policy issues from a variety of African economies. This text makes a timely contribution not only to our understanding of the prospects and challenges of regional trading arrangements in Africa but also to the paradigm of regional trade integration in developing countries. Systematically structured, with thematically linked chapters and rigorous referencing, it is an essential guide for an international audience of academics, researchers, students and practitioners in International Trade, International Economics, Development Finance and Development Economics.


Compliance with International Trade Obligations

Compliance with International Trade Obligations
Author: Henry Mutai
Publisher:
Total Pages: 0
Release: 2007
Genre: Africa
ISBN: 9789041126641

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This important new book deals with the formation and regulation of regional trade agreements in the context of the WTO legal regime and Eastern and Southern African countries, specifically those nations that make up the Common Market for Eastern and Southern Africa (COMESA). Despite a poor track record, regional integration has for a long time been, and remains, the preferred path to economic development and poverty alleviation among developing countries in Africa. Regional integration undoubtedly holds great promise for developing nations in Africa. Many African countries stand to gain from pooling their meager resources and thus being able to participate more meaningfully in the international arena. However, the rhetoric surrounding integration has not been matched by actions and the record of trade liberalization has been weak. Substantive action appears to be taking a back seat to formal statements and declarations. This book consequently addresses four related critical issues: (1) compliance with rules and regime design, (2) the relationship between regionalism and multilateralism, (3) the legal regime created by Article XXIV and the Enabling Clause of the General Agreement on Tariffs and Trade, and (4) the COMESA legal regime. Product highlights Provides readers with expert perspective on regional trade agreements, an area of growing concern to practitioners, academics, and government officials. Will squarely address a current lack of actionable analysis, applying an international relations perspective to the analysis of regional trade integration.


Common Market for Eastern and Southern African Countries

Common Market for Eastern and Southern African Countries
Author: Luwam Dirar
Publisher:
Total Pages: 0
Release: 2015
Genre:
ISBN:

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The preferential trade agreement of Common Market of Eastern and Southern Africa (COMESA) was formed in 1982 with the objective of achieving deeper integration. In 1994 COMESA member states agreed to form a free trade agreement. The free trade agreement came into effect after nine member states ratified it. In 2004, Rwanda and Burundi joined the free trade agreement and increased the membership size to 11. In 2009 COMESA was transformed into a customs union. The purpose of the article is to analyse how formation of the COMESA customs union affects the current state of multiplicity of membership in Southern and Eastern African countries. The article argues that multiplicity of membership hinders deeper integration. Based on the assumption that deeper regional integration can play a role in the development project of Eastern and Southern African countries, the article tries to make a cursory review of the overlap of membership among COMESA, Southern African Development Community (SADC), Southern African Customs Union (SACU) and East African Community (EAC) states. It tries to draw policy choices of the way forward to end the multiplicity of membership. The analysis of this article is based on the percentile of each member state's rate of export. It is not a percentile of the total regional exports. Not all COMESA member states have been analysed in this article. The article mainly focuses on those COMESA member states that treat COMESA as their main trading block in Africa and that also have multiple memberships in SADC, SACU and EAC.


Trade and Investment in Southern Africa

Trade and Investment in Southern Africa
Author: C. Chipeta
Publisher: Sapes Books
Total Pages: 170
Release: 1998
Genre: Business & Economics
ISBN:

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"Southern Africa Regional Institute for Policy Studies"--Ser. t.p.


Draft Principles for the Establishment of a Preferential Trade Area for Eastern and Southern African States as the First Step Towards the Creation of a Subregioal Common Market

Draft Principles for the Establishment of a Preferential Trade Area for Eastern and Southern African States as the First Step Towards the Creation of a Subregioal Common Market
Author: Council of Ministers of Trade, Finance and Planning of Eastern and Southern African States. Extraordinary Conference
Publisher:
Total Pages: 3
Release: 1978
Genre: Africa, Eastern
ISBN:

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