July 2023 7 ECCAS has the following institutions : the Conference of Central Africa (CEMAC) to ultimately lead to a of Heads of State and Government, which is the single REC in the sub-region has not produced the supreme body of ECCAS; the Council of Ministers, expected results. [...] However, the swearing-in of the new accordance with the Abuja Treaty establishing executive of CEMAC on 2 June 2023 before the the African economic community, to serve as the CEMAC court of justice in N’Djamena1, in the tool for the integration for its eleven (11) member presence of the Transition President of Chad, Head states, a prerequisite for a continental integration. [...] Angola and the Democratic Republic of Congo account for 55% of the total GDP in ECCAS meanwhile Cameroon is the 3rd largest contributor with 17.09% of the ECCAS GDP in the same year. [...] In states of the American continent such as Canada, view of the map of the USA’s partners, the idea Mexico and the MERCOSUR countries (Southern that geographical proximity between countries is Common Market) are the United States’ main a determining factor in the development of their trading partners. [...] Hence the need for a Cameroon/Nigeria chamber of commerce that would serve as the institutional framework to reflect (i) Assuming monetary sovereignty to on the requirements and the establishment of this escape the grip of the Franc Zone idea.
- Pages
- 38
- Published in
- Cameroon
