Overview

The Preferential Trade Area for Eastern and Southern African States (PTA) was established in 1982. The original treaty called for a gradual reduction and eventual elimination of customs duties and non-tariff barriers. The PTA moved into its next phase – the establishment of a common market with the formation of COMESA in 1995.

In order to promote the achievement of the aims and objectives, COMESA has established a customs union that aims to abolish all tariff and non-tariff barriers among member states. This means among other things, the evolution of uniform national customs legislation and procedures and the reduction and eventual elimination of import duties and non-tariff barriers on trade among themselves. The target is set for October 2000.

Nature of Business

COMESA aims to promote ‘economic prosperity through regional integration’. It has 21 member states , and aims to establish a Free Trade area that promotes interregional trade.

General Information

Organisation Type: Organisation

Registered in: Zambia

Nick name/Abbrev.: COMESA

Previous Name: Preferential Trade Area for Eastern and Southern African States (PTA)

Business Sector(s):
Trading
General Trading

Related Organisations

has a share in: Eastern and Southern African Trade and Development Bank – Nairobi, Kenya

Related Countries

has member: Angola

has member: Burundi

has member: Comoros

has member: Democratic Republic of The Congo

has member: Djibouti

has member: Egypt

has member: Eritrea

has member: Ethiopia

has member: Kenya

has member: Madagascar

has member: Malawi

has member: Mauritius

has member: Namibia

has member: Rwanda

has member: Seychelles

has member: Sudan

has member: Swaziland

has member: Tanzania

has member: Uganda

has member: Zambia

has member: Zimbabwe

Directors/Managers

Secretary General: Mr EJO Mwencha (Erastus)

Contact Information

Common Market for Eastern and Southern Africa

E-mail: Not Known

Office Address:
Trade and Customs Division
Lotti House
Cairo Road
Lusaka
10101
Zambia

Postal Address:
PO Box 30051
Lusaka
10101
Zambia

Shaun Bakamoso

Greetings. I'm Shaun Bakamoso, and I'm thrilled to be your guide through the dynamic world of business news in South Africa here at mbendi.co.za. With a passion for staying informed and a keen interest in the ever-evolving landscape of business, I've dedicated myself to providing you with timely, insightful, and comprehensive coverage of the latest developments impacting the South African economy. bakamoso@gmail.com / Instagram