4/06/2005

Libya joins Common Market for Eastern and Southern Africa (COMESA)

Libya has signed the documents for accession to the Common Market for Eastern and Southern Africa (COMESA) to become a full member of this African Economic Community.

The agreement was signed by the Secretary of Cooperation Affairs at the General People's Committee for Foreign Liaison and International Cooperation, as well as by head of states of COMESA members, who welcomed Libya’s accession to this AU economic community during the meetings of the 10th COMESA summit in the Rwandan capital Kigali during the past two days.

COMESA comprise Rwanda, Uganda, Sudan, Djibouti, Zambia, Kenya, Malawi, Swaziland Kingdom, Mauritius, D R Congo, Egypt, Zimbabwe, Burundi, Ethiopia, Comoro islands, Eritrea, Madagascar, and Libya.

The group aims at realizing sustainable development to members states through parallel and harmonies development of productions and markets, promotion of common development in all fields of economic activities, and cooperation for the creation of an environment appropriate for local and external multiparty investment, and encouraging research in sciences and technology for development and contribution to realize the goals of the African Economic Community.

Source. JANA