Africa: Region in big step towards African Economic Community
09.01.2009
Three regional economic blocs have made a giant step towards the long-conceived goal of an African Economic Community, approving the expeditious establishment of an enlarged Free Trade Area (FTA) encompassing 26 Member States in three sub-regions. Meeting at a Tripartite Summit in late 2008 in Uganda, leaders of Member States of the Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC) agreed on what many have described as an important milestone towards continental integration as envisaged by the African Union (AU).