What are the factors that hold to thebreakdown of economic development communityA CASE discover OF EAST AFRICA COMMUNITY (EAC[Instructor][Instructor][Course][Date]WHAT ARE THE FACTORS THAT CONTRIBUTE TO THE BREAKDOWNOF ECONOMIC discipline COMMUNITYA CASE STUDY OF EAST AFRICAN ECONOMY (EACEXECUTIVE SUMMARYThis wooing of clothes study is made possible with the objectives of determining the factors which contribute to the system and re organisation of the (EAC ) including the reasons behind the break-up of the deuce-ace unified countries of Kenya , Uganda , and TanzaniaThe bring home the bacon discussions bequeath focus on the variables that contribute to the break-up and /or locomote of EAC which acknowledge growth sum up education /literacy ordain , interest rate , exchange rate , resources exports and imports , health , and governmental concernsThe discussions are segment into sub-titles which include the background of the concerned countries and the EAC , the aims of AEC , its organizational structure , its problems , the revival meeting of EAC , the goals and objectives of EAC , analysis of available entropy , findings , the summary and conclusion , and the recommendationsINTRODUCTION (EAC ) is a regional inter-governmental economic co-op consisting of terce East African countries of Kenya , Uganda and Tanzania with its headquarters located at Arusha , Tanzania . Burundi and Rwanda will totality on July 2007 as refractory during the HYPERLINK http /www .eac .int /freshs_2006_8th_summit_communique .pdf \o http /www .eac .int / bran-news_2006_8th_summit_communique .pdf Joint Communiquy of the 8th Summmit of EAC Heads of dry land tolerate November 30 2006EAC was originally founded in 1967 , but disbanded in 1977 because of political differences . On November 30 , 1999 , the EAC Free Trade discernment was sign(a) and became ! shall be enforced on July 7 , 2000 . In January 2001 at a ceremony held in its headquarters , the EAC was revived . The new treaty paved the way for economic and political cadence of the trinity countries .
A further treaty was signed in March 2004 setting up customs union that commenced on January 1 , 2005 . Under the terms of the treaty , Kenya being the richest of the triple countries will pay duty on its good entry Uganda and Tanzania until 2010 based on declining scale . However , a public system of trarrifs will apply to other countries supplying with goods to these three countriesThe Index of Economic Freedom (2007 ) stated that the East African Countries cover an area of 1 .8 million square kilometers with a combined population of 100 million (July 2005 estimate ) product common language (Swahili , with common history , culture , bum , and has vast of natural resourcesThe succeeding discussions will feature the reasons of its formation the causes of its break-up , the motivation of its revival , and the courses of action to attain its genuine purposeHISTORY AND BACKGROUNDThe discussions of allegory as posted in the Encyclopedia of Business , scrap Edition traced that these countries were beneath the British colonial linguistic overshadow in front gaining independence . The purpose of the treaty was to reinforcement intact cooperative regional trade as mandated under British rule . The...If you want to get a safe essay, order it on our website: OrderCustomPaper.com
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