East African Community


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East African Community

An international organization that seeks economic and political integration for member states. Originally established in 1967, it fell apart some years later and was re-established in 2000. It became a free trade zone for members. In 2010, it founded a common market for all goods and services across the borders of member states. It is in the process of establishing a single currency as well. Its members are Burundi, Kenya, Rwanda, Tanzania and Uganda.
References in periodicals archive ?
In March this year, under the Rapid Results Initiative (RRI), the Kenyan Ministry of East African Community Affairs launched a public awareness programme that was set to conduct countrywide tours to sensitise the Kenyan populace on the benefits of EAC integration.
The project seeks to reduce trade costs by speeding up and modernizing border and customs management systems within the East African Community (EAC).
As per the Central Bank's recent announcement Kenya shilling exchange rate increase against major international currencies, but depicted mixed performance against the East African Community (EAC) currencies during the week ending December 24.
We're aware that people are not happy with paying for more than one visa when visiting the region," said Shedrack Mashauri, principal tourism officer for the East African Community.
Trade Mark East Africa (TMEA) has launched the first of its $16 Million Logistics Innovation for Trade (LIFT) fund, marking a breakthrough in decreasing logistics and transport costs among 5 member states of the East African Community (EAC) through new solutions.
Member states of the East African Community (EAC), Southern African Development Cooperation (SADC), and Common Markets of East and Southern Africa (Comesa) believe they will have a better chance of improving on resources, manpower and communication if they dissolve their sub-regional bloc and merge into one.
The economy of the five-nation East African Community (EAC), comprising Kenya, Tanzania, Uganda, Rwanda and Burundi, is jointly valued at US$ 110 billion.
The project is being undertaken by the East African Community at a total cost of $140m.
The EAC was accredited by the Secretary General of the East African Community Amb.
The one-year course at Tanzania's Mweka College of African Wildlife Management is dedicated to producing field rangers and guides with up-to-date field knowledge to boost the quality of tourism offered by East African Community countries.
The bank also pledged to support infrastructure development and to enhance the competitiveness in the East African Community (EAC) by offering further resources for regional infrastructure in the next three to seven years.
They say the different rates cause headaches and confusion across the East African Community.

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