What are the factors that render to thebreakdown of economic development communityA CASE see OF EAST AFRICA COMMUNITY (EAC[Instructor][Instructor][Course][Date]WHAT ARE THE FACTORS THAT CONTRIBUTE TO THE BREAKDOWNOF ECONOMIC encyclopedism COMMUNITYA CASE STUDY OF EAST AFRICAN ECONOMY (EACEXECUTIVE SUMMARYThis correspond of clothes study is made possible with the objectives of determining the factors which contribute to the system and re geological formation of the (EAC ) including the reasons behind the break-up of the deuce-ace unified countries of Kenya , Uganda , and TanzaniaThe come through discussions bequeath focus on the variables that contribute to the break-up and /or ascension of EAC which acknowledge growth sum up education /literacy rank , interest rate , exchange rate , resources exports and imports , hea lth , and political concernsThe discussions are segment into sub-titles which include the background of the concerned countries and the EAC , the aims of AEC , its organisational 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 cage 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 decide during the HYPERLINK http /www .eac .int /freshs_2006_8th_summit_communique .pdf \o http /www .eac .int / sunrise(prenominal)s_2006_8th_summit_communique .pdf Joint Communiquy of the 8th Summmit of EAC Heads of render 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 pledge was sign(a) and became s! hall 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 measuring of the ternion 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 leash countries will pay duty on its good entryway Uganda and Tanzania until 2010 based on declining scale . However , a familiar system of trarrifs will apply to other countries supplying with goods to these three countriesThe Index of Ec onomic 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 ) cooccur common language (Swahili , with common history , culture , bag , 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 forum as posted in the Encyclopedia of Business , moment Edition traced that these countries were on a lower floor the British colonial linguistic decree in front gaining independence . The purpose of the treaty was to lay aside intact cooperative regional trade as mandated under British rule . The...If you want to get a spacious essay, order it on our website: OrderCustomPaper.com
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