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 ?
Intraoperatively, the nature of the EAC destruction was found to be almost the same as that seen in patient 1; the only significant difference was that patient 2 had an anteriorly exposed mastoid segment of the facial nerve (figure 2, A).
Earlier, the EAC was briefed on the strategy and challenges for the next budget and updates on national growth by the Ministry of Finance.
In addition to its review work for each monthly issue, the EAC meets with the RM editorial staff twice a year--once at the RIMS Annual Conference & Exhibition and once in December.
The EAC Statistics Bureau Bill, 2017, seeks to establish the Statistics Bureau as an Institution of the Community under Article 9 of the Treaty and Article 21 of the Protocol on Establishment of the EAC Monetary Union.
A crucial outcome of the March 30 meeting was nixing a proposal for the legal unbundling of the EAC into two entities -- a distribution monopoly and a power-production entity competing in the liberalised electricity market.
South Sudan applied for EAC membership soon after gaining its independence from Sudan in 2011, but the process of its admission delayed for a number of reasons.
The European Development Fund (EDF) financed RESP Programme, will be supporting the EAC capacity to follow-up the elections to be held in the Partner states between 2015 and 2018.
South Sudan applied to join the EAC on 10 June 2011 and the Community's heads of state summit in November 2012 directed the Council of Ministers to negotiate the country's admission in conformity with the Treaty Establishing the EAC.
The Arbortext business unit will now operate under the EAC Product Development Information Services group name, or PDIS.
EAC still expects its margin on EBITDA to be 8% in 2011, according to the company's first-quarter report published today.
The EAC that met with Finance Minister Abdul Hafeez Sheikh deliberated on a number of proposals for the next budget making that has become an uphill task for the incumbent government of the PPP-led coalition.