The main goal of ECOWAS is
to promote economic cooperation among member states in order to raise living standards and promote economic development
. ECOWAS has also worked to address some security issues by developing a peacekeeping force for conflicts in the region.
What are the objectives of economic community?
ECOWAS aims
to promote cooperation and integration
. It aims to establish an economic union in west Africa in order to raise the living standards of its peoples, and to maintain and enhance economic stability, foster relations among member states, and contribute to the progress and development of the African continent.
What is the role of Ecomog?
The mandate of ECOMOG was to serve as
a ceasefire monitoring group that would create an atmosphere conducive to the establishment
of a broad-based interim government and an eventual democratic election under international supervision, and the disarmament, demobilisation and encampment of the warring factions.
What was the Economic Community of West African States set up?
Welcome to the Economic Community of West African States (ECOWAS).
Established on May 28 1975 via the treaty of Lagos
, ECOWAS is a 15-member regional group with a mandate of promoting economic integration in all fields of activity of the constituting countries.
What are the roles of the ECOWAS?
Today ECOWAS functions on a regular platform with four pillars:
Peace and Security, Developing Infrastructure, Policy harmonization (to facilitate trade) and Good Corporate Governance
. One highlight of its current activities is the West Africa Customs Union which will go into effect January 1, 2008.
Which is the most powerful organ of ECOWAS?
Its highest organ of power is
the Authority of Heads of State and Government
, which shall meet at least once a year. The Executive Chairman shall preside over the summit meeting. The office of Executive Chairman is assumed in the principle of annual rotation among the members of the Authority.
What are the main organs of ECOWAS?
The Economic Community of West African States (ECOWAS) comprises three arms of governance, namely,
the Executive, the Legislature and the Judiciary
. At the helm of the organization structure is the Chairman of the Authority of Heads of State and Government.
What are the objectives of European economic Community?
The main aim of the EEC, as stated in its preamble, was to
“preserve peace and liberty and to lay the foundations of an ever closer union among the peoples of Europe”
. Calling for balanced economic growth, this was to be accomplished through: The establishment of a customs union with a common external tariff.
What are the main objectives of IMF?
- (i) International Monetary Co-Operation: …
- (ii) Ensure Exchange Stability: …
- (iii) Balanced Growth of Trade: …
- (iv) Eliminate Exchange Control: …
- (v) Multilateral Trade and Payments: …
- (vi) Balanced Growth: …
- (vii) Correction of BOP Maladjustments:
What is the main economic goal of ECOWAS?
The main goal of ECOWAS is
to promote economic cooperation among member states in order to
raise living standards and promote economic development.
Where is the headquarter of ECOMOG?
ECOMOG force headquarters would remain in
Monrovia
. ECOMOG strength in October 1995 was 7,269 all ranks.
What are the problems of Ecowas?
The challenges range from
terrorism and violent extremism
, to piracy, political instability, elections-related violence, drug trafficking or deadly viruses.
What’s the meaning of ECOMOG?
Definition. ECOMOG. ECOWAS (Economic Community of West African States)
Monitoring Group
. ECOMOG. Economic Community of West African States Monitoring Group.
How many countries are in the West Africa?
The United Nations defines Western Africa as the
17 countries
of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone, and Togo as well as Saint Helena, Ascension and Tristan da Cunha.
Is Chad a member of ECOWAS?
Chad is a Central African country and
a member of the Economic Community of Central African States
(ECCAS), – but why should not it also become a member of the Economic Community of West African States (ECOWAS)? … While being a veritable construction site, Chad also has forty million hectors of arable land.