East African Community (EAC)

Description

The East African Community (EAC) is the regional intergovernmental organisation of the Republics of Burundi, Kenya, Rwanda, the United Republic of Tanzania, and the Republic of Uganda, with its headquarters in Arusha, Tanzania.

The EAC treaty was signed on November 30th 1999 and took effect on July 7th 2000. It originally involved three founding Partner States: Kenya, Tanzania and Uganda.

Rwanda and Burundi later on signed the treaty on Jun 18th 2007, and became full members on July 1st 2007.

As of 2009, the EAC accounted for more than 130 million people, a land area of 1.82 million sqkm and a GDP of $74.5 billion.

In July 1st 2010, a common market was launched, leading to free movement of labour, capital, goods and services within the EAC.

The East African Community is currently working on taking their alliance one step further by creating a common currency. Eventually, the goal would be to unite not only economically, but also politically, by creating an East African Federation.

Map

Map of the EAC Region


 

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