Objectives of comesa pdf files

The objective of issuing a revised manual is to provide a comprehensive and an up to date guideline to be used by national bureaux and their member insurance companies in their daytoday activities. Although the clearing house was highly utilized in the 1980s and early. Comesa represents a chance for member countries to enhance their economic and social relations through increasing intratrade. The aims and objectives of the common market shall be. Objectives, achievements, challenges and opportunities. The objective of this paper is to assess the role of comesa in promoting intraregional agricultural trade between sudan and comesa countries. Comesa as defined by its treaty was established as an organisation of free independent sovereign states which have agreed to cooperate in developing their natural and human resources for the good of all their people and as such it has a wideranging series of objectives which necessarily include in its priorities the promotion of peace and security in the region.

A multimarket model with armington nonlinear specification was applied. India is one of the cooperating partners of comesa. Objectives there is no regional ict regulator in the comesa subregion yet, although the establishment of a regulatory authority is a longterm goal of regional integration. The delegation of the european union in zambia is also responsible for managing official relations between the european union eu and the common market for eastern and southern africa comesa. Comesa provides, in article 48, that goods shall be accepted as eligible for common market treatment if they originate in the member states, and the definition of such products shall be as provided in a protocol on rules of origin to be concluded by the member states. The protocol on comesa rules of origin is provided at annex ix. It is on this basis that comesa facilitated the establishment of aricea and works closely with it. It enables member states to use local currencies in their intra comesa trade. The pta was established within the framework of the oaus lagos plan of action lpa and the final act of lagos fal. The comesa clearing house cch was established in accordance with article 73 of the comesa treaty to facilitate the settlement of trade and services payments amongst member states. Objectives of comesa comesa was established in 1994 to replace the preferential trade area for eastern and southern africa pta, which had been in existence since 1981. Comesa as defined by its treaty was established as an organisation of free independent sovereign states which have agreed to cooperate in developing their natural and human resources for the. Southern africa comesa the founding treaty of comesa was signed in november 1993 in kampala, uganda and entered into force on 8 december 1994. Common market for eastern and southern africa comesa.