4,394
 

Jul 12 - Six African Nations Are Merging Into One SUPERPOWER


 


section   (0 bx goons and 1 bystanders) Share this on Twitter       Share this on Facebook
 

 1 week ago '04        #1
8333 page views
154 comments


the_malicious 119 heat pts119
space
avatar space
space
$2,134 | Props total: 6005 6005
Jul 12 - Six African Nations Are Merging Into One SUPERPOWER
 

 
image


President Museveni in his recent end of year speech highlighted about nine thematic areas on which his government is going to put emphasis in 2019 and called upon everyone to direct efforts towards these areas, and one of the thematic areas was regional integration, where he said that he will show the need for common market by working with the people within the regional blocks to consolidate the unity of East Africa and then work through the Common Market for Eastern and Southern Africa (COMESA) and the African Union (AU) to build the African common market.

The president has always been vocal when it comes to the issue of the regional integration and we have seen a lot of effort at the high level to actualize this concept.

Regional integration is an arrangement where countries in the same region enter into an agreement to enhance economic cooperation through agreed institutions and rules, focused on removing barriers to free trade in the region, increasing the free movement of people, labour, goods, and capital across national borders.

It is mainly trade-driven, and is a process that involves increasing participation in a regional economy through trade, and at a later stage involves integrating other economic, social, and political governance policies (Matambalya, 1993).

These include monetary integration, factor market integration, and government activity and regulation integration (Foroutan F, 1992).

Customs union– a free trade area in which members impose common tariffs on non-members and members may also cede sovereignty to a single customs administration (EAC 1999).

Common market– a customs union that allows free movement of the factors of production (i.e. capital and labour) across national borders within the integration area (EAC 2000).

It is also a process in which neighboring states enter into an agreement in order to upgrade cooperation through common institutions and rules.

Regional integration has been defined as the process through which independent national states “voluntarily mingle, merge and mix with their neighbors so as to lose the factual attributes of sovereignty while acquiring new techniques for resolving conflicts among themselves.”

De Lombaerde and Van Langenhove describe it as a worldwide phenomenon of territorial systems that increases the interactions between their components and creates new forms of organization, co-existing with traditional forms of State-led organization at the national level.

Some scholars see regional integration simply as the process by which states within a particular region increase their level of interaction with regard to economic, security, political, or social and cultural issues.

In short, regional integration is the joining of individual States within a region into a larger whole. The degree of integration depends upon the willingness and commitment of independent sovereign States to share their sovereignty. The deep integration that focuses on regulating the business environment in a more general sense is faced with many difficulties.

An arrangement for enhancing cooperation through regional rules and institutions entered into by states of the same region. It could have as its objective political or economic goals or in some cases, a business initiative aimed at broader security and commercial purposes.

Regional integration is so important for resource-driven diversification in Africa. Natural resources management, particularly in the extractives industry, can make a meaningful contribution to a country’s economic growth when it leads to linkages to the broader economy

Regional integration arrangements are a part and parcel of the present global economic order and this trend is now an acknowledged future of the international scene. It has achieved a new meaning and new significance.

Regional integration arrangements are mainly the outcome of necessity felt by nation-states to integrate their economies in order to achieve rapid economic development, decrease conflict, and build mutual trusts between the integrated units.

The nation-state system, which has been the predominant pattern of international relations since the Peace of Westphalia in 1648 is evolving towards a system in which regional groupings of states is becoming increasingly important vis-a-vis sovereign States. Some have argued that the idea of the State and its sovereignty has been made irrelevant by processes that are taking place at both the global and local level.

Walter Lippmann believes that “the true constituent members of the international order of the future are communities of states.” E.H. Carr shares Lippmann view about the rise of regionalism and regional arrangements and comments that “the concept of sovereignty is likely to become in the future even more blurred and indistinct than it is at present.

The objectives of the agreement could range from economic to political to environmental, although it has typically taken the form of a political economy initiative where commercial interests are the focus for achieving broader socio-political and security objectives, as defined by national governments. Regional integration has been organized either via supranational institutional structures or through intergovernmental decision-making, or a combination of both.

image

The East African Community (EAC) is an intergovernmental organization composed of six countries in the African Great Lakes region in eastern Africa: Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda.

John Magufuli, the president of Tanzania, is the EAC chairman. The organisation was founded in 1967, collapsed in 1977, and was revived on 7 July 2000. In 2008, after negotiations with the Southern Africa Development Community (SADC) and COMESA, the EAC agreed to an expanded free trade area including the member States of all three organizations. The EAC is an integral part of the African Economic Community.


image

The EAC is a precursor to the establishment of the East African Federation, a proposed federation of its members into a single sovereign state. visit this link https://www.eac.int/political-federation

In 2010, the EAC launched its own common market for goods, labour, and capital within the region, with the goal of creating a common currency and eventually a full political federation. In 2013, a protocol was signed outlining their plans for launching a monetary union within 10 years.

In September 2018 a committee was formed to begin the process of drafting a regional constitution and this is likely to be a very big milestone for regional values and practices in governance and leadership

Just like anywhere else, the EAC efforts at regional integration have focused on removing barriers to free trade in the region, increasing the free movement of people, labour, goods, and capital across national borders, reducing the possibility of regional armed conflict (for example, through Confidence and Security-Building Measures), and adopting cohesive regional stances on policy issues, such as the environment, climate change and migration and this has registered a huge pay off if one analyses the volume of trade and labor, and conflict resolution mechanisms among the partner states.

Intra-regional trade refers to trade which focuses on economic exchange primarily between countries of the same region or economic zone.

In recent years, countries within economic-trade regimes have increased the level of trade and commodity exchange between themselves which reduces the inflation and tariff barriers a*sociated with foreign markets resulting in growing prosperity as it has been in the East African States. In this light, last year alone, Uganda saw its export to the regional increasing significantly as compared to imports from the region.

The EAC aims at widening and deepening co-operation among the partner States and other regional economic communities in, among others, political, economic and social fields for their mutual benefit

Besides that, regional integration can strengthen the voices of all small nations. These countries often face severe disadvantages in dealing with the rest of the world because of their low bargaining power and high negotiation costs. The regional integration also can affect the economic development or economic growth.

Regional integration initiatives, also has at least the following eight important functions:

-strengthening of trade integration in the region
-creation of an appropriate enabling environment for private sector development
-development of infrastructure programmes in support of economic growth and regional integration
-development of strong public sector institutions and good governance
-reduction of social exclusion and the development of an inclusive civil society
-contribution to peace and security in the region
-building of environment programmes at the regional level
-strengthening of the region’s interaction with other regions of the world

By supporting this initiative not only will we achieve the above mentioned but we will have shared prosperity, peace and security as the people of the region in relation to the democratic peace theory suggestions, which has enabled the Europeans to avoid or deal with regional conflicts and forge a shared wealth for its citizenry and we should all support the president of Uganda and his counterparts in the region for this to be realized because we win or lose together as the people of the region



visit this link http://thenilewires.com/o .. member-states/


Last edited by the_malicious; 07-16-2019 at 11:30 PM..
+101   



best
worst
154 comments
 

 1 week ago '04        #2
the_malicious 119 heat pts119 OP
space
avatar space
space
$2,134 | Props total: 6005 6005
Africans coming together to redraw borders without outsiders



[pic - click to view]



Last edited by the_malicious; 07-12-2019 at 07:20 PM..
+222   

 1 week ago '12        #3
OldBusiness 181 heat pts181
space
avatar space
space
$31,122 | Props total: 58185 58185
Oh sh*t, dope thread
+23   

 1 week ago '16        #4
ChiHoodrichback 8 heat pts
space
avatar space
space
$3,156 | Props total: 10369 10369
Make Africa Great Again
+150   

 1 week ago '12        #5
FrescoB 82 heat pts82
space
avatar space
space
$13,809 | Props total: 38149 38149
+16   

 1 week ago '04        #6
the_malicious 119 heat pts119 OP
space
avatar space
space
$2,134 | Props total: 6005 6005
This is the exact same region wakanda was supposed to be located in too





[pic - click to view]



[pic - click to view]



Last edited by the_malicious; 07-12-2019 at 08:27 PM..
+88   

 1 week ago '04        #7
mr_underground|m 2209 heat pts2209
space
avatar space
space
$24,897 | Props total: 39512 39512
superpower is a bit of a stretch...

Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda. Don't makea superpower
+28   

 1 week ago '04        #8
datboy|e 18 heat pts18
space
avatar space
space
$4,106 | Props total: 6398 6398
 MYd*ckSOCOLD said
Exactly what these milk devils are afraid of


THEY DON'T WANT TO SEE US UNITED
Wait aint this cat Latino



Mf talking about United in Africa :takethe wheel:


Class of 18’ these lil kids confused as hell
+12   

 1 week ago '11        #9
SomeOnesoN 220 heat pts220
space
avatar space
space
$19,090 | Props total: 8306 8306
Calling it a superpower might be a stretch, but this is a start toward something! As long as they keep Chinese influence out.

The way I see it, their finger and focus is on the US while Russia-China comes from behind and takes advantage of them. We'll see.
+42   

 1 week ago '17        #10
lucifershammer 19 heat pts19
space
avatar space
space
$5,898 | Props total: 28604 28604
 mr_underground said
superpower is a bit of a stretch...

Burundi, Kenya, Rwanda, South Sudan, Tanzania, and Uganda. Don't makea superpower
They're doing this to counter in Nigeria and South Africa, the real Continental powers
+14   

 1 week ago '18        #11
MYDICKSOCOLD 8 heat pts
space
avatar space
space
$2,229 | Props total: 8893 8893
 datboy|e said
Wait aint this cat Latino



Mf talking about United in Africa :takethe wheel:


Class of 18’ these lil kids confused as hell
Yes, genius.

And the Latin side looks like this:


[pic - click to view]




"Bu bu but the Latinos never rep their
Black side"

Typical Washingtonian feminist trying to speak on sh*t


Last edited by MYDICKSOCOLD; 07-12-2019 at 07:21 PM..
+44   

 1 week ago '13        #12
boobalo1 266 heat pts266
space
avatar space
space
$12,779 | Props total: 10767 10767
 SomeOnesoN said
Calling it a superpower might be a stretch, but this is a start toward something! As long as they keep Chinese influence out.

The way I see it, their finger and focus is on the US while Russia-China comes from behind and takes advantage of them. We'll see.
Powerful post. China and Russia playing on Africa bro. Mexico has so much potential but the corruption and narco life cuts it's action down on the world stage. Almost all of my family has crossed over. It would be great to see Africa rise up.
+19   

 1 week ago '04        #13
Kadroan 210 heat pts210
space
avatar space
space
$40,225 | Props total: 13754 13754
 SomeOnesoN said
Calling it a superpower might be a stretch, but this is a start toward something! As long as they keep Chinese influence out.

The way I see it, their finger and focus is on the US while Russia-China comes from behind and takes advantage of them. We'll see.
Yeah I read a while back China is taking over Africa.

 1 week ago '04        #14
the_malicious 119 heat pts119 OP
space
avatar space
space
$2,134 | Props total: 6005 6005
Rwanda's growth is the perfect example of black potential GLOBALLY
In only 25 years went from genocide and civil war
to the cleanest, also safest, & top 3 business friendly country in Africa


[video - click to view]



Last edited by the_malicious; 07-12-2019 at 11:47 PM..
+21   

 1 week ago '08        #15
tdnupe3 19 heat pts19
space
avatar space
space
$9,614 | Props total: 30629 30629



Dope thread OP!!!!!!!!!!!!!!!!


+11   

 1 week ago '16        #16
Funke 1 heat pts
space
avatar space
space
$2,682 | Props total: 4268 4268
 ChiHoodrichback said
Make Africa Great Again
Im taking that slogan playa.
+8   

 1 week ago '11        #17
SomeOnesoN 220 heat pts220
space
avatar space
space
$19,090 | Props total: 8306 8306
 Kadroan said
Yeah I read a while back China is taking over Africa.
China is loaning out money with contracts for their infrastructure (such as ports) if they can't pay off the debt. They're building railroads that connect to Africa's Eastern ports to take African raw materials /minerals more efficiently.
+10   

 1 week ago '11        #18
Sin 2170 heat pts2170
space
avatar space
space
$32,158 | Props total: 98630 98630
 the_malicious said
This is the exact same region wakanda was supposed to be located in





[pic - click to view]



[pic - click to view]

ever heard of tanzanite a rare blue diamond only found in the East African country of Tanzania


[pic - click to view]

+43   

 1 week ago '10        #19
PaperBoy971 
space
avatar space
space
$716 | Props total: 1064 1064
 Funke said
Im taking that slogan playa.

[pic - click to view]




[pic - click to view]


+43   

 1 week ago '17        #20
dubsax 16 heat pts16
space
avatar space
space
$9,779 | Props total: 30842 30842
doesnt mean anything until they control their own currency.

They still use the Franc, Lira and Dinar in most places.
All European currency that Europe no longer uses.

Not controlling your own currency means that you will always have problems paying your debt.



Learn about Modern Monetary Theory, this is why we will never go back to the gold standard.
MMT states that a government that can create its own money, such as the United States:

Cannot default on debt denominated in its own currency;
Can pay for goods, services, and financial a*sets without a need to collect money in the form of taxes or debt issuance in advance of such purchases;
Is limited in its money creation and purchases by inflation, which accelerates once the economic resources (i.e., labor and capital) of the economy are utilized at full employment;
Can control demand-pull inflation[5] by taxation and bond issuance, which remove excess money from circulation, although the political will to do so may not always exist;
Does not need to compete with the private sector for scarce savings by issuing bonds.

Without total control of your currency you cant really do sh*t.
+23   

 1 week ago '16        #21
40acres 
space
space
space
$67 | Props total: 175 175
Do you n*ggas ever read or listen to headlines like "African Nations apologize for selling African-Americans to Europeans" or the fact we were slaves in African. Hell most of the you don't know Africans own African-American slaves in American during slavery.
-23   

 1 week ago '18        #22
Swish 
space
space
space
$97 | Props total: 330 330
He wont live to see it. They'll k*ll him, collapse the government, exploit the land and the people who live there all in the name of democracy. Im sure he'll be called a dictator also.
+6   

 1 week ago '16        #23
ZoeLife 
space
space
space
$73 | Props total: 256 256
I heard Rwanda is beautiful now.
+4   

 1 week ago '12        #24
OldBusiness 181 heat pts181
space
avatar space
space
$31,122 | Props total: 58185 58185
 Sin said
ever heard of tanzanite a rare blue diamond only found in the East African country of Tanzania


[pic - click to view]

n*gga put that nasty a*s rock down its gonna give you diarrhea
-12   

 1 week ago '18        #25
iTrapStill 3 heat pts
space
avatar space
space
$368 | Props total: 1203 1203
 40acres said
Do you n*ggas ever read or listen to headlines like "African Nations apologize for selling African-Americans to Europeans" or the fact we were slaves in African. Hell most of the you don't know Africans own African-American slaves in American during slavery.
Spell check this sh*t man what the fu*k.
+3   

Home      
  




 


 
 

yesterday...


most viewed right now
-40online now  38
Image(s) inside Blueface Robbed By The Two Women He Introduced As His Girlfriends on I..
102 comments
1 day ago
@hiphop
most viewed right now
-37online now  31
Jul 19 - Trump Supporter Model STRIPPED of Miss World Title for "Insensitive T..
312 comments
1 day ago
@news
most viewed right now
+33online now  23
Video inside Simp sells his Rolex for a THOT... Viewer warning, this hurts to watch
57 comments
1 day ago
@wild'ish
most viewed right now
online now  10
Image(s) inside The INTERNET IS DOING CHANCE THE RAPPER DIRTY After He POST DEBUT ALBU..
160 comments
1 day ago
@hiphop
back to top
register contact Follow BX @ Twitter Follow BX @ Facebook search BX privacy