what are the functions of comesa

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. It is on this basis that COMESA facilitated the establishment of ARICEA and works closely with it. COMESA was established when a treaty was signed on November 5, 1993, in Kampala, Uganda, and then ratified the following year in Lilongwe, Malawi, on December 8, 1994. 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 Court is comprised of two Divisions: an Appellate Division with five Judges; and a First Instance Division with seven Judges. Monitor and investigate anti-competitive practices of undertakings within the Common Market, and … IT professionals deliver IT solutions in partnership with other client divisions to … 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. (Solved) Give the challenges affecting 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. 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. COMESA Member countries are 19 African countries including Sudan (COMESA, 2004). Answers (1) 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 day-to-day operations of the Court are co-ordinated through a Court Registry which is headed by a Registrar. Functions of the Commission 8. Purpose of the Regulations 3. Copyright © 2021 Elsevier B.V. or its licensors or contributors. 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. Trade policy analysts/specialists and... Research economists. 2.3 The roles and functions of regional organisations 15 3 The meaning, nature and scope of conflict 18 3.1 Conflict as goal incompatibility 18 3.2 The nature of conflict 19 3.2.1 The conflict phenomenon 19 3.2.2 The classification of conflict 22 3.2.3 The phases of conflict 23 3.3 The scope of conflict 25 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. It is on this basis that COMESA facilitated the establishment of ARICEA and works closely with it. Over the years, its membership has expanded to 21 countries thus becoming the … 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. Date posted: May 25, 2017. The Court is comprised of two Divisions: an Appellate Division with five Judges; and a First Instance Division with seven Judges. The objective of this paper is to assess the role of COMESA in promoting intra-regional agricultural trade between Sudan and COMESA countries. 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. COMESA. 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. 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 … The COMESA is an example of regional integration singed on 1993 by 19 African countries including Sudan. What are the challenges affecting COMESA? 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. 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. 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. By continuing you agree to the use of cookies. (v) Members belong to other organizations hence difficult to give due attention to COMESA… © 2021 - COMESA Regional Investment Agency. The Court was established in 1994 upon the adoption of the current COMESA Treaty and it assumed the overall jurisdiction of the previous judicial bodies that existed under the Preferential Trade Area of the Common Market for Eastern and Southern Africa (PTA). Purpose of the Regulations 3. COMESA is Africa’s largest economic community with a total population of around 430 million and an estimated combined GDP of US$ 447 billion. COMESA (as defined by its Treaty) was established as an organisation of free independent sovereign states which have agreed to co-operate in Oversee the development and operation of accreditation and mutual recognition of programmes with other countries. Establishment of the Commission 7. 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. The COMESA Court of Justice decisions have precedence over any decisions of national courts. The COMESA Court of Justice was established in 1994 under Article 7 of the COMESA Treaty. The Court’s primary function is to uphold the rule of law in the enforcement of the COMESA Treaty. Obligations of Member States Part 2: Institutional Arrangements 6. COMESA OURT JUS 2016 Rule 7 Powers of the President and the Principal Judge 1. COMESA represents a chance for member countries to enhance their economic and social relations through increasing intra-trade. COMESA represents a chance for member countries to enhance their economic and social relations through increasing intra-trade. 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. It is against this background that the 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. The paper results showed that there is a great potential for Sudan to increase its agricultural exports to other COMESA countries. Powers of the Commission 9. IT professionals. COMESA. The Technical Committees are comprised of sector specific technical officials from the Member States. The COMESA Court of Justice performs the following functions:-. COMESA Competition Regulations ----- Part 1: Preliminary Article 1. The following 19 countries are members of COMESA: Burundi, Comoros, Democratic Republic of Congo, 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. It is against this background that the (ii) COMESA member states produce similar goods thus interfering with marketing. 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. (iv) Boundary conflicts. 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. 4 April 2017. Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … Scope of Application 4. Definition and Interpretation 2. 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. 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. Research economists undertake research on policy-related topics in connection with COMESA’s... Statisticians. 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. Exclusions 5. Djibouti, Egypt, Eritrea, Ethiopia, Eswatini  Kenya, Libya , Madagascar , Malawi, Keep the Board informed of the activities of EAC. Exclusions 5. 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. 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. Both the LPA and the FAL envisaged an evolutionary process in the economic integration of the … 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. opportunities for increasing their exports to Europe, the Americas and Asia, COMESA looms large as the way of the future. 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. These committees are responsible for the preparation of comprehensive implementation programmes and timetables, which serve to prioritize the programmes with respect to each sector. 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 About COMESA Statistics . The role of COMESA in promoting intra-regional agricultural trade: Case study of Sudan. Definition and Interpretation 2. 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. Answers (1) What are the aims of The Common Market for Eastern and Southern Africa(COMESA)? 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 COMESA Court of Justice assists in ensuring that COMESA is a rule-based organisation, for companies can challenge governmental measures that break COMESA rules. Separate coordinated independent clauses: “I like the Marx Brothers, but she thinks they’re too silly.” … (Solved) List the aims of The Common Market for Eastern and Southern Africa(COMESA). 1.9 The Yellow Card Scheme Reinsurance Pool The Yellow Card Scheme Reinsurance Pool is … To contribute towards the establishment, progress, and the realisation of the objectives of the African Economic Community. 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. 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 … Mauritius, Rwanda, Seychelles, Sudan, Uganda, Zambia, and Zimbabwe. 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 A multi-market model with Armington non-linear specification was applied. Where necessary make recommendations to the Board. Powers of the Commission 9. Scope of Application 4. To support the integration program, COMESA has established financial institutions to provide not just the much needed credit (the Trade and Development Bank), but also to provide insurance for non-commercial risks (the African Trade Insurance Agency), re-insurance (ZEP-Re (PTA) Reinsurance Company) and to facilitate international payments (the Regional Payment and Settlement System), and to underpin … (iii) Personality differences among rulers and leaders of different states. The objective of this paper is to assess the role of COMESA in promoting intra-regional agricultural trade between Sudan and COMESA countries. Generally the Court has jurisdiction to adjudicate upon all matters which may be referred to it pursuant to the COMESA Treaty. Date posted: May 25, 2017. The COMESA Competition Commission (“the Commission”) is a regional body established under Article 6 of the Regulations. 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. The COMESA Competition Commission is the first regional 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. 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. We use cookies to help provide and enhance our service and tailor content and ads. Functions of the Commission 8. 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. Powred by Sameteam. The Court’s primary function is to uphold the rule of law in the enforcement of the COMESA Treaty. 1.9 The Yellow Card Scheme Reinsurance Pool The Yellow Card Scheme Reinsurance Pool is … The domestic agricultural markets are expected to be hampered by imports surge and increase in competition, while the producers of agricultural export commodities will be better off. Core functions Trade policy analysts/specialists and legal/economic affairs officers. COMESA Competition Regulations ----- Part 1: Preliminary Article 1. The COMESA Treaty provides the policy context for the development of a statistics in the COMESA region. The main goals of COMESA are to eliminate the structural and institutional weaknesses of member states and to … 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. Other functions are as follows: Maintain a list of accredited engineering programmes. 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. The PTA was established within the framework of the OAU’s Lagos Plan of Action (LPA) and the Final Act of Lagos (FAL). Djibouti secures first renewables project: 60MW wind farm, Egypt, Neptune Energy sign US$35 million gas, oil exploration deal in Suez Gulf, Construction Works set to Begin on 7.5MW Mubuga Solar Plant. Under the provisions of the Treaty establishing the Common Market for Eastern and Southern Africa. The COMESA Competition Commission (the Commission) is an institution established under Article 6 of the COMESA Competition Regulations (the Regulations). It shall interpret the provisions of the Treaty and whether an obligation by a Member State or … ScienceDirect ® is a registered trademark of Elsevier B.V. ScienceDirect ® is a registered trademark of Elsevier B.V. A multi-market model with Armington non-linear specification was applied.

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