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East African Community
(redirected from East African Community Customs Union)

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East African Community

Economic alliance established by Kenya, Tanzania, and Uganda in November 2000. It has the goal of forming a Customs Union by 2004, with no internal tariffs, common external tariffs, and free movement of goods, labour, and capital. The aim is to encourage foreign investment in the region. As Kenya had a more established industrial base, Tanzania and Uganda were given a period of adjustment.

At the first meeting in January 2001, EAC members expressed the hope that Burundi and Rwanda would join the alliance.



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