|Official Name||Republic of Uganda|
|Location||Eastern Africa, west of Kenya|
|Area||total: 236,040 sq km land: 199,710 sq km water: 36,330 sq km|
|Climate||tropical; generally rainy with two dry seasons (December to February, June to August); semiarid in northeast|
|Terrain||mostly plateau with rim of mountains|
The leaders of three African trading blocs signed an agreement to create a free trade zone of 26 countries with a GDP of an estimated $624bn (£382.9bn). It is hoped the deal will ease access to markets within the region and end problems arising from the fact several countries belong to multiple groups.The deal also aims to strengthen the bloc's bargaining power when negotiating international deals.Analysts say the agreement will help intra-regional trade and boost growth.The three blocs which struck the deal were the Southern African Development Community (SADC), the East African Community (EAC) and the Common Market for Eastern and Southern Africa (Comesa).The agreement will also lend its backing to joint infrastructure and energy projects in the zone.
The African Growth and Opportunity Act (AGOA) is a United States Trade Act that significantly enhances U.S. market access for (currently) 39 Sub-Saharan African (SSA) countries. The Act originally covered the 8-year period from October 2000 to September 2008, but amendments signed into law by U.S.President George Bush in July 2004 further extend AGOA to 2015. At the same time, a special dispensation relating to apparel was extended by three years to 2007. On 20 December 2006, key changes to AGOA were signed into law, extending the garment provisions to 2012. In June 2007, a revised textile certificate of origin was published to give effect to the "abundant supply" provisions contained in the most recent legislative changes.AGOA builds on existing U.S. trade programs by expanding the (duty-free) benefits previously available only under the Generalised System of Preferences (GSP) program. Duty-free access to the U.S. market under the combined AGOA/GSP program stands at approximately 7,000 product tariff lines, including the roughly 1,800 product tariff lines that were added to the GSP by the AGOA legislation. Notably, these include items such as apparel and footwear, wine, certain motor vehicle components, a variety of agricultural products, chemicals, steel and others. The purpose of this legislation was to assist the economies of sub-Saharan Africa and to improve economic relations between the United States and the region.
The Cotonou Agreement is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy. The revised Cotonou Agreement is also concerned with the fight against impunity and promotion of criminal justice through the International Criminal Court. The agreement also provides for reciprocal trade agreements, meaning that not only the EU provides duty-free access to its markets for ACP exports, but ACP countries also provide duty-free access to their own markets for EU exports.
ACTIF is a trade body that aims to promote specific concerns of the industry and promote improved competitiveness in both regional and global market place. Membership emphasis on private sector “ownership” with strong allegiance of nationally based trade institutions. ACTIF comprises of an Executive and four action committees: 1) Global Trade Initiatives, 2)Investment and Finance, 3)Inter-Regional Trade and Supply Chain, 4)Production, Ginning and Lint Trade
Formed with the idea in mind to accelerate the process of integrating the continent to enable it to play its role in the global economy, while addressing multifacted social, economic and political problems that are compounded by negative aspects of globalization.
The purpose of COMESA is to create high standards of living for all its people ready to merge into an African Economic Community.
COFTA is composed of 70 member organizations from 30 Africa countries. It is a grass root organization that aims toward Fair Trade. Aims to provide a forum for collaboration and networking amongst AFTO and develop the fair trade movement and the economic empowerment of the disadvantaged African producers.
EAC is a pillar of the AEC and seeks to widen and deepen co-operation among its members. They are seeking to establish a Common Market by 2010 and a Monetary Union by 2012.
IGAD was formed after severe drought and the purpose of the organization was the development and drought control of the regions. Now IGAD is now also a forum for regional security and political dialogue.