East African Community

(EAC), organization of E African nations established to promote regional economic and political cooperation. Its headquarters are in Arusha, Tanzania. It was first founded in 1967 by the former British colonies of Kenya, Uganda, and Tanzania, but political and economic conflicts led to the EAC's dissolution a decade later. In 1999 the three countries signed a treaty to revive the EAC, and it was reestablished in 2001.

The EAC encourages cooperation in such areas as trade, immigration, business, transportation, and communications. A customs union came into effect in 2005. Rwanda and Burundi were admitted to the EAC in 2007, and they joined the customs union in 2009. In 2010 a common market was established, and participating countries opened their borders to the free movement of goods, services, and citizens. The EAC also has plans for a single currency for its member states. In 2016 South Sudan was admitted to the EAC. The EAC has had more success than most regional African free-trade agreements in reducing barriers to trade.

An international organization that seeks economic and political integration for member states. Originally established in 1967, it fell apart some years later and was re-established in 2000. It became a free trade zone for members. In 2010, it founded a common market for all goods and services across the borders of member states. It is in the process of establishing a single currency as well. Its members are Burundi, Kenya, Rwanda, Tanzania and Uganda.

单词	east african community
释义	East African Community East African Community n (Government, Politics & Diplomacy) an association established in 1967 by Kenya, Uganda, and Tanzania to promote closer economic and social ties between member states: dissolved in 1977, but reformed in 1999, and joined in 2007 by Burundi and Rwanda East African Community East African Community (EAC), organization of E African nations established to promote regional economic and political cooperation. Its headquarters are in Arusha, Tanzania. It was first founded in 1967 by the former British colonies of Kenya, Uganda, and Tanzania, but political and economic conflicts led to the EAC's dissolution a decade later. In 1999 the three countries signed a treaty to revive the EAC, and it was reestablished in 2001. The EAC encourages cooperation in such areas as trade, immigration, business, transportation, and communications. A customs union came into effect in 2005. Rwanda and Burundi were admitted to the EAC in 2007, and they joined the customs union in 2009. In 2010 a common market was established, and participating countries opened their borders to the free movement of goods, services, and citizens. The EAC also has plans for a single currency for its member states. In 2016 South Sudan was admitted to the EAC. The EAC has had more success than most regional African free-trade agreements in reducing barriers to trade. East African Community East African Community An international organization that seeks economic and political integration for member states. Originally established in 1967, it fell apart some years later and was re-established in 2000. It became a free trade zone for members. In 2010, it founded a common market for all goods and services across the borders of member states. It is in the process of establishing a single currency as well. Its members are Burundi, Kenya, Rwanda, Tanzania and Uganda. AcronymsSeeEAC
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