comesa ppt

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COMESA- SUSHIL DIXIT

ASHISH BAJAJ

SACHIN

ASHWIN


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Common Market for Eastern & Southern Africa


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Customs Union

A Customs Union maybe defined as a merger of two

or more customs territories into a single customsterritory, in which customs duties and othermeasures that restrict trade are eliminated forsubstantially all trade between the mergedterritories. The territories, in turn apply the sameduties and measures in their trade with third parties.

In preparation for a Customs Union the EleventhMeeting of the Council of Ministers held in Cairo,Egypt adopted a Road Map that outlinedprogrammes and activities whose implementationwas necessary before the launching of the Union. Itis expected that the launch will be achieved by the

year 2008

ABOUT comesa

HistoryVision & MissionFree trade areaCustoms unionTrade promotionInstitutionsCOMESA OffersDecision making

StrategyAuthority


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Vision :COMESAs Vision is to be a fullyintegrated, internationally competitive regional

economic community with high standards of livingfor all its people ready to merge into an AfricanEconomic Community

Mission : Its Mission to Endeavour to achievesustainable economic and social progress in allMember States through increased co-operation andintegration in all fields of development particularly intrade, customs and monetary affairs, transport,communication and information, technology,industry and energy, gender, agriculture,

environment and natural resources, the Secretariatwas guided to develop its specific Mission Statementas follows:To provide excellent technical services to COMESAin order to facilitate the regions sustaineddevelopment through economic integration.

ABOUT comesaHistoryVision & MissionFree trade area

Customs unionTrade promotionInstitutionsCOMESA Offers

Decision makingStrategyAuthority


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A Free Trade Area

The FTA was achieved on 31st October, 2000 when

nine of the member States namely Djibouti, Kenya,Madagascar, Malawi, Mauritius, Sudan, Zambia andZimbabwe eliminated their tariffs on COMESAoriginating products, in accordance with the tariffreduction schedule adopted in 1992.This followed atrade liberalisation programme that commenced in

1984 on reduction and eventual elimination of tariffand non-tariff barriers to intra- regional trade.Burundi and Rwanda joined the FTA on 1st January2004. These eleven FTA members have not onlyeliminated customs tariffs but are working on theeventual elimination of quantitative restrictions andother non-tariff barriers.

ABOUT comesaHistoryVision & MissionF r e e t r a d e a r e aCustoms unionTrade promotion

InstitutionsCOMESA OffersDecision makingStrategy

Authority


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HISTORY:The history of COMESA began inDecember 1994 when it was formed to replace theformer Preferential Trade Area (PTA) which had

existed from the earlier days of 1981. COMESA (as

defined by its Treaty) was established 'as an

organisation of free independent sovereign stateswhich have agreed to co-operate in developing their

natural and human resources for the good of all

their people' and as such it has a wide-ranging series

of objectives which necessarily include in its

priorities the promotion of peace and security in the

region.

ABOUT comesa

HISTORYVision & MissionFree trade area

Customs union

Trade promotionInstitutionsCOMESA OffersDecision making

StrategyAuthority


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Trade Promotion

Other objectives which will be met to assist in the

achievement of trade promotion include:Trade liberalisation and Customs co-operation,including the introduction of a unified computerisedCustoms network across the region.Improving the administration of transport andcommunications to ease the movement of goods

services and people between the countries.Creating an enabling environment and legalframework which will encourage the growth of theprivate sector, the establishment of a secureinvestment environment, and the adoption ofcommon sets of standards.

The harmonisation of macro-economic andmonetary policies throughout the region.

ABOUT comesa

HistoryVision & MissionFree trade area

Customs union


StrategyAuthority


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Several institutions have been created to promotesub-regional co-operation and development. These

include:The COMESA Trade and Development Bank inNairobi, KenyaThe COMESA Clearing House in Harare, ZimbabweThe COMESA Association of Commercial Banks inHarare, Zimbabwe

The COMESA Leather Institute in EthiopiaThe COMESA Re-Insurance Company (ZEP-RE) inNairobi, KenyaIn addition a Court of Justice was also establishedunder the COMESA Treaty and became formallyoperational in 1998.

Further initiatives exist to promote cross borderinitiatives, form a common industrial policy andintroduce a monetary harmonisation programme.

ABOUT comesa


Customs union

Trade promotionInstitutions

COMESA OffersDecision making

StrategyAuthority


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What COMESA Offers

COMESA offers its members and partners a wide

range of benefits which include:A wider, harmonised and more competitive marketGreater industrial productivity and competitivenessIncreased agricultural production and food securityA more rational exploitation of natural resourcesMore harmonised monetary, banking and financial

policiesMore reliable transport and communicationsinfrastructure

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Customs union


StrategyAuthority


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COMESA has evolved a comprehensive decisionmaking structure at the top of which are the Heads

of State of the 20 member countries. There is then aCouncil of Ministers responsible for policy making, 12technical committees and a series of other advisorybodies (including specific relations with partnercountries and the business community). In additioneach member state appoints liaison persons in their

appropriate ministries who form part of the day-to-day communication process.Overall co-ordination is achieved through theSecretariat, based in Lusaka, Zambia, who will behappy to deal with all initial communication.

ABOUT comesa


Customs union


StrategyAuthority


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Strategic Options

Strategic ChoiceProgramme Structure and Focus

Trade DevelopmentInvestment DevelopmentInfrastructure DevelopmentScience and Technology (S&T) Development

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Customs union


StrategyAuthority


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The COMESA Authority

The COMESA Authority comprises of the Heads ofState and Government of the different COMESACountries; the Authority is COMESA's supremepolicy-making organ. It is responsible for the generalpolicy direction and control of the performance ofthe executive functions of COMESA. It is headed by

a Chairman elected for an agreed period.The Authority meets once a year, but may hold anExtraordinary Summit at the request of any memberof the Authority, provided that one-third of themembers of the Authority support such a request.The last extraordinary Summit was held in 2000 at

the official launching of the COMESA FTA. Summitsare held in various member States, with the hostGovernment and the COMESA Secretariat bearingjoint responsibility for their organization. Usually,the country hosting the Summit assumes thechairmanship of the Authority for the year.

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Customs union


StrategyAuthority


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MEMBER STATES1. Burundi

2. Comoros3. D.R. Congo

4. Djibouti5. Egypt6. Eritrea7. Ethiopia8. Kenya

9. Libya10. Seychelles11. Madagascar12. Malawi13. Mauritius14. Rwanda

15. Sudan16. Swaziland17. Uganda18. Zambia19. Zimbabwe
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4. Djibouti5. Egypt6. Eritrea7. Ethiopia8. Kenya9. Libya10. Seychelles11. Madagascar12. Malawi13. Mauritius14. Rwanda



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