(viii) Poor transport and communication network. $1,335.0. $657.4 billion. COMESA was established when a treaty was signed on November 5, 1993, in Kampala, Uganda, and then ratified the following year in Lilongwe, Malawi, on December 8, 1994. km) 12 million sq.km. COMESA: Introduction The Common Market for Eastern and Southern Africa (COMESA) is a free trade area that encompasses 19 countries stretching from Libya to Zimbabwe. 492.5 million The deadline of April 2019 was set in June last year during the ministerial meeting in Cape Town, South Africa. Selected regional indicators for COMESA (2014) GDP. This trend in movement of people is backed by socio-economic, religious and political factors. Industrial Statistics are compiled from Member States. Soon we are expecting additional non-COMESA countries, including Angola and South Sudan to join the scheme. (x) Namibia and Tanzania have pulled out of COMESA and joined SADC. According to a statement from the Common Market for Eastern and Southern Africa (COMESA) secretariat, this brings the total number of countries that have signed to 19. The Heads of State and Government of the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and Southern African Development Community (SADC) met on 10 June, 2015 in Sharm El Sheikh, Egypt at the Third Tripartite Summit to officially launch the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA). Total population. Area (sq. In 2013, the combined gross domestic product (GDP) for COMESA stood at USD 638.6 billion from USD 553.9 billion in 2012 an impressive rate of 15% growth rate. Furthermore, member countries are in a position to establish conditions regulating the flow of goods from third party countries within the Common Market. The same number is reached if you count the UN voting members, its two permanent observers, and Taiwan. So far as number of COMESA countries collect FDI statistics based on enterprise surveys. The recent years have seen massive movement of people from different countries to other countries. Launch of the Tripartite FTA. The international migrants in COMESA have increased by 48% since 2000 from 5.8 million people to 8.7 million people in 2017. Notable progress within the COMESA region has been achieved through improved macroeconomic management, market-based reforms and continued structural progress in many countries. GDP per capita. This is why 196 is probably the best current answer to the question. COMESA places the member states at an advantage of adopting a common custom scheme that abolishes non-tariff barriers to trade between themselves. In a statement, Comesa said so far eight countries of the required 14 have ratified the Tripartite Free Trade Agreement (TFTA) with Namibia being the latest. (vii) Accusation of other countries undermining their neighbours. A total of 22 out of 26 countries in the tripartite bloc comprising COMESA, East Africa Community (EAC) and Southern Africa Development Community (SADC) have signed the agreement. Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … (ix) Conflicts over trading rights among the member states. The Common Market for Eastern and Southern Africa (COMESA) is a free trade area with twenty-one member states stretching from Tunisia to Eswatini.COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. So far 13 countries including non-COMESA member States are using the Yellow Card. So How Many Countries Are There? Currently over 200 Insurance Companies are involved in its operations and annually over 200,000 inter-state motorists use the Yellow Card. (xi) Member states put their nationalistic interests ahead of COMESA interests. 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