Home West Africa Somalia Joins EAC: Set to Integrate Country’s economy  with other Members

Somalia Joins EAC: Set to Integrate Country’s economy  with other Members

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Somalia officially joined the Community of East African States (EAC), the regional organization with a single market allowing the free movement of goods and people

Somalia officially joined the Community of East African States (EAC), the regional organization with a single market allowing the free movement of goods and people.The EAC headquartered in Arusha, Tanzania, now comprises eight countries, including Burundi, Kenya, Rwanda, Tanzania, South Sudan, Uganda, and the Democratic Republic of Congo (DRC). The DRC was the last member to join the regional organization, in 2022. The inclusion of Somali in the economic group was announced by Burundian Head of State Évariste Ndayishimiye, outgoing President of the EAC. The announcement was made from Arusha in the presence of Somali President Hassan Cheikh Mohamoud.

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Founded in 2000, one of the aims of the EAC is to facilitate cross-border trade by abolishing customs duties between its member states. It established a common market in 2010. The EAC countries cover an area of 4.8 million square kilometres, excluding Somalia, and have a combined gross domestic product of US$305 billion. With a population of some 17 million, Somalia has the longest coastline on the African continent (more than 3,000 km), bringing the EAC’s potential market to more than 300 million people.