(iii) Personality differences among rulers and leaders of different states. The Common Market for Eastern and Southern Africa (COMESA) was formed in 1994, replacing the Preferential Trade Area that had been in place since the early 80s. The COMESA Court of Justice assists in ensuring that COMESA is a rule-based organisation, for companies can challenge governmental measures that break COMESA rules. Establishment of the Commission 7. Under the provisions of the Treaty establishing the Common Market for Eastern and Southern Africa. Definition and Interpretation 2. ScienceDirect ® is a registered trademark of Elsevier B.V. ScienceDirect ® is a registered trademark of Elsevier B.V. Keep the Board informed of the activities of EAC. In order to compete and benefit from potential in the COMESA markets, the paper recommended improving efficiency in the Sudanese agricultural sector through increasing productivity, lowering cost of production, enhancing marketing services, attaining economies of scale and attracting foreign investment. COMESA. The paper results showed that there is a great potential for Sudan to increase its agricultural exports to other COMESA countries. The President shall direct the overall functions of the Court and shall, unless she or he designates another Judge to do so, direct the judicial functions of the Appellate Division and … COMESA Virtual Trade Facilitation System (CVTFS) is a software application that integrates all trade facilitation instruments, including the Yellow Card and the COMESA Regional Customs Guarantee (RCTG) Scheme, otherwise known as the CARNET, under one online platform. What are the challenges affecting COMESA? Furthermore, the states have the benefit of free movement of labor, services, persons, attraction of investors and the right of residence within the COMESA region. COMESA OURT JUS 2016 Rule 7 Powers of the President and the Principal Judge 1. To cooperate in the promotion of peace, security, and stability among the Member States in order to enhance the economic development in the region; To cooperate in strengthening the relations between the common market and the rest of the world and in the adoption of common positions in international fora; and. Mauritius, Rwanda, Seychelles, Sudan, Uganda, Zambia, and Zimbabwe. The Court’s primary function is to uphold the rule of law in the enforcement of the COMESA Treaty. Both the LPA and the FAL envisaged an evolutionary process in the economic integration of the … It is on this basis that COMESA facilitated the establishment of ARICEA and works closely with it. 1.9 The Yellow Card Scheme Reinsurance Pool The Yellow Card Scheme Reinsurance Pool is … COMESA: Introduction The Common Market for Eastern and Southern Africa (COMESA) is a free trade area that encompasses 19 countries stretching from Libya to Zimbabwe. COMESA accords members the advantage of adopting a regional policy that puts checks on all possible economic and social problems faced during the implementation of the treaty. The COMESA Court of Justice assists in ensuring that COMESA is a rule-based organisation, for companies can challenge governmental measures that break COMESA rules. Objectives There is no regional ICT regulator in the COMESA sub-region yet, although the establishment of a regulatory authority is a long-term goal of regional integration. A multi-market model with Armington non-linear specification was applied. The Court is comprised of two Divisions: an Appellate Division with five Judges; and a First Instance Division with seven Judges. The COMESA Court of Justice performs the following functions:-. COMESA. Monitor and investigate anti-competitive practices of undertakings within the Common Market, and … It is on this basis that COMESA facilitated the establishment of ARICEA and works closely with it. The main functions of the Commission are to prohibit, monitor and investigate anti-competitive business practices, control mergers and other forms of acquisitions in the Common Market and mediate disputes between the Member States concerning anti-competitive conduct. November 10,2009 COMESA holds the 13th Meeting of the COMESA Committee of Governors of Central Banks in Cairo, Egypt, where the decision to create the COMESA Monetary Institute (CMI) is made. The COMESA is an example of regional integration singed on 1993 by 19 African countries including Sudan. We use cookies to help provide and enhance our service and tailor content and ads. It shall interpret the provisions of the Treaty and whether an obligation by a Member State or … The COMESA Court of Justice was established in 1994 under Article 7 of the COMESA Treaty. COMESA accords members the advantage of adopting a regional policy that puts checks on all possible economic and social problems faced during the implementation of the treaty. THE Common Market for Eastern and Southern Africa (Comesa) was created in 1994, mainly to promote regional integration through trade development for its member states. Trade policy analysts/specialists and... Research economists. Date posted: May 25, 2017. Copyright © 2011 Production and hosting by Elsevier B.V. Journal of the Saudi Society of Agricultural Sciences, https://doi.org/10.1016/j.jssas.2011.03.004. Obligations of Member States Part 2: Institutional Arrangements 6. African countries have created many regional trade agreements with the economic objectives of reducing trade barriers and encouraging economic growth. Former members of the Common Market for Eastern and Southern Africa (COMESA): Lesotho (1997), Mozambique (1997), Tanzania (2000), Namibia (2004), and Angola (2007) The objective of the Common Market for Eastern and Southern Africa (COMESA) is to develop a Free-Trade Area removing all the internal trade tariffs and barriers. The COMESA Treaty provides the policy context for the development of a statistics in the COMESA region. A Framework for the Operationalisation of the COMESA-EAC-SADC JCA Strategic Plan 9 | P a g e 2 Introduction 2.1 General Background 2.1.1 The COMESA-EAC-SADC Tripartite and the JCA In 2008, in Kampala, Uganda, the First Summit of the COMESA, EAC and SADC Heads of State and Government (the COMESA-EAC-SADC TRIPARTITE) among others mandated (Solved) List the aims of The Common Market for Eastern and Southern Africa(COMESA). 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. The following 19 countries are members of COMESA: Burundi, Comoros, Democratic Republic of Congo,
Purpose of the Regulations 3. Among the functions outlined under Article 15 of the Regulations, the Board may: issue determination on anti restrictive business practices; adjudicate and make an order on any other matter concerning the Regulations. (Solved) Give the challenges affecting COMESA. Core functions Trade policy analysts/specialists and legal/economic affairs officers. It is against this background that the The Authority which is the supreme policy organ of COMESA appointed the Judges of the Court during its 3rd Summit on 30th June, 1998 at Kinshasa in the DR Congo. (iv) Boundary conflicts. COMESA official language of French or English) 1.8.3 A National Bureau shall make use of the e-mail services where available in corresponding among them and with the Secretariat and the Reinsurance Pool. COMESA is the first African economic community to have in place a Free Trade Area, which was established in October, 2000, the third in the world after the European Union and the North American Free Trade Agreement. Agriculture is the main economic sector in most COMESA member countries as it contributes largely to the Gross Domestic Product (GDP) and foreign exchange earnings e.g. COMESA represents a chance for member countries to enhance their economic and social relations through increasing intra-trade. The treaty envisages a four-pronged strategy for the development of statistics namely: A Common Market Information System - This was to be established for purposes of reviewing the functioning and development of the Common Market. It is against this background that the COMESA Competition Regulations ----- Part 1: Preliminary Article 1. By continuing you agree to the use of cookies. Generally the Court has jurisdiction to adjudicate upon all matters which may be referred to it pursuant to the COMESA Treaty. The objective of this paper is to assess the role of COMESA in promoting intra-regional agricultural trade between Sudan and COMESA countries. Other functions are as follows: Maintain a list of accredited engineering programmes. (v) Members belong to other organizations hence difficult to give due attention to COMESA… Based on these objectives, the vision of COMESA is to be a fully integrated, inter-nationally competitive, and prosperous regional economic community, supporting the integration process of the Africa as a whole to form a Continental Free Trade Area by 2017 and eventually the African Economic Community. Powers of the Commission 9. COMESA is Africa’s largest economic community with a total population of around 430 million and an estimated combined GDP of US$ 447 billion. Priorities and Objectives of COMESA The Treaty establishing COMESA binds together free independent sovereign States which have agreed to co-operate in exploiting their natural and human resources for the common good of all their people. The Technical Committees are comprised of sector specific technical officials from the Member States. The day-to-day operations of the Court are co-ordinated through a Court Registry which is headed by a Registrar. IT professionals deliver IT solutions in partnership with other client divisions to … The role of COMESA in promoting intra-regional agricultural trade: Case study of Sudan. COMESA Virtual Trade Facilitation System (CVTFS) is a software application that integrates all trade facilitation instruments, including the Yellow Card and the COMESA Regional Customs Guarantee (RCTG) Scheme, otherwise known as the CARNET, under one online platform. The main functions of the Commission are to monitor markets and investigate anti-competitive business practices, control mergers and other forms of acquisitions in the Common Market and mediate disputes between the Member States concerning anti-competitive conduct. To contribute towards the establishment, progress, and the realisation of the objectives of the African Economic Community. Powred by Sameteam. Separate coordinated independent clauses: “I like the Marx Brothers, but she thinks they’re too silly.” … Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … Answers (1) What are the aims of The Common Market for Eastern and Southern Africa(COMESA)? Definition and Interpretation 2. Oversee the development and operation of accreditation and mutual recognition of programmes with other countries. 4 April 2017. opportunities for increasing their exports to Europe, the Americas and Asia, COMESA looms large as the way of the future. To understand the aims, functions, and institutions of the Common Market for Eastern and Southern Africa (COMESA) To know the economy of the COMESA region; To analyse the steps of the COMESA integration process: free-trade area, customs union, common market and economic community; To evaluate the benefits for the COMESA member countries The Court is comprised of two Divisions: an Appellate Division with five Judges; and a First Instance Division with seven Judges. These committees are responsible for the preparation of comprehensive implementation programmes and timetables, which serve to prioritize the programmes with respect to each sector. COMESA official language of French or English) 1.8.3 A National Bureau shall make use of the e-mail services where available in corresponding among them and with the Secretariat and the Reinsurance Pool. COMESA Rules of Origin are a set of criteria that is used to distinguish between goods that are produced within the COMESA member States and are entitled to preferential tariff treatment and those that are considered to have been produced outside the COMESA region that attract full import duties when traded. Establishment of the Commission 7. (ii) COMESA member states produce similar goods thus interfering with marketing. Obligations of Member States Part 2: Institutional Arrangements 6. The Court’s primary function is to uphold the rule of law in the enforcement of the COMESA Treaty. About COMESA Statistics . Copyright © 2021 Elsevier B.V. or its licensors or contributors. Together, these countries have a combined population of about 450 million people and a combined gross domestic product of about USD560 Billion, constituting a huge market for investment, with the highest rate of return on investment in the world. Scope of Application 4. The PTA was established within the framework of the OAU’s Lagos Plan of Action (LPA) and the Final Act of Lagos (FAL). © 2021 - COMESA Regional Investment Agency. The COMESA Competition Commission (“the Commission”) is a regional body established under Article 6 of the Regulations. The Commission has the legal capacity required for the performance of its functions under the Regulations in the territory of each COMESA Member State. The Common Market for Eastern and Southern Africa (COMESA) is a free trade area with twenty-one member states stretching from Tunisia to Eswatini.COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. IT professionals. Where necessary make recommendations to the Board. Over the years, its membership has expanded to 21 countries thus becoming the … COMESA Member countries are 19 African countries including Sudan (COMESA, 2004). A multi-market model with Armington non-linear specification was applied. Research economists undertake research on policy-related topics in connection with COMESA’s... Statisticians. Exclusions 5. The Court of Justice may receive cases not only from member States, but also from natural and legal persons, against the Council to determine the legality of any act towards the directive's, regulation or … COMESA (as defined by its Treaty) was established as an organisation of free independent sovereign states which have agreed to co-operate in The COMESA Court of Justice decisions have precedence over any decisions of national courts. The main goals of COMESA are to eliminate the structural and institutional weaknesses of member states and to … The objective of this paper is to assess the role of COMESA in promoting intra-regional agricultural trade between Sudan and COMESA countries. Exclusions 5. Functions of the Commission 8. COMESA's Priorities and Objectives • The history of COMESA began in December 1994 when it was formed to replace the former Preferential Trade Area (PTA) which had existed from the earlier days of 1981. To attain sustainable growth and development of the Member States by promoting a more balanced and harmonious development of its production and marketing structures; To promote joint development in all fields of economic activity and the joint adoption of macro-economic policies and programmes to raise the standard of living of its peoples and to foster closer relations among its members states; To cooperate in the creation of an enabling environment for foreign, cross- border and domestic investment and in the joint promotion of research and adaptation of science and technology for development. Purpose of the Regulations 3. Powers of the Commission 9. Objectives There is no regional ICT regulator in the COMESA sub-region yet, although the establishment of a regulatory authority is a long-term goal of regional integration. Djibouti, Egypt, Eritrea, Ethiopia, Eswatini Kenya, Libya , Madagascar , Malawi,
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