Course summary (East African Community EAC)
The East African Community (EAC) is the African trade bloc formed by
Kenya, Uganda, Tanzania, Rwanda
and Burundi.
The objective of the East African Community (EAC) is to develop economic
links and improve international trade relations between Kenya, Uganda, Tanzania,
Rwanda and Burundi.
In 2005, The East African Community (EAC) has established the EAC Customs Union, next step will be the
foundation of a Common market and finally a Monetary Union.
- The East African Community (EAC) headquarters are in Arusha (Tanzania).
- Total EAC population: 125 million people,
- Total Surface:1.82 million sq kilometers
- Combined Gross Domestic Product (GDP) of EAC: 60 billion USD (2008)
Example of the course East African Community (EAC):
In 1967 was founded the East African Development Bank (EADB). The East African Development Bank (EADB) is owned by Kenya, Uganda, Tanzania and Rwanda.
Other shareholders include the African Development Bank (AfDB), Netherlands Development Finance Company (FMO),
German Investment and development company (DEG) ....
