Présentation de la CEDEAO (ECOWAS)

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THE ECOWASEconomic Community of West African’s States

PLAN

• What’s ECOWAS
• Aims and goals
• The governance structure
• The others institutions
• Members states
• ECOWAS and EU
• The Morocco entrance
• Tourism

What’s ECOWAS?

• ECOWAS is the Economic Community of West

African’s States

• Headquarter: Abuja (Nigeria)
• Chairman: Faure GNASSINGBE (TOGO)
• Actual members:

Benin, Bissau Guinea, Burkina Faso, Capo Verde, Côte d’Ivoire, Gambia, Ghana, Guinea, Liberia, Mali, Morocco, Niger, Nigeria, Senegal, Sierra Leone, Togo

What’s ECOWAS?

•        Established on May 28 1975 via the treaty of Lagos by 15 members

•        In 1976, Cape Verde, one of the two Lusophone countries in the region joined ECOWAS

•        In 2000, the Mauritania withdrew the Communitity

•        In 2017, the Kingdom of Morocco request to join the Community

Aims and goals

The aims of the Community are:

•        to promote cooperation and integration, leading to the establishment of an economic union in West Africa in order to raise the living standards of its peoples,

•        and to maintain and enhance economic stability, foster relations among Member States and contribute to the progress and development of the African Continent.

Aims and goals

• to achieve collective self-sufficiency for its member states by creating a single large trading bloc by building a full economic and trading union.

• ECOWAS also serves as a peacekeeping force in the region

The Governance Structure

ECOWAS Comprises Three arms of governance:

1. The Chairman of the Authority of Heads of State and Government. He heads the Executive (Commission)

1. Community Court of Justice

1. Community Parliament

The others Institutions

• ECOWAS Bank of Investment and Development (EBID)
• The West-African Health Organizations (WAHO)
• The Inter-Governmental Action Group against Money Laundering and Terrorism Financing in West-Africa (GI-ABA)

The others Institutions

• 10 Specialized Agencies (WAMA,RAAF, ERERA, ECREEE, WAPP, ECOWAS BROWN CARD, EGDC,EYSDC, WAMI,PPDU)

• 2 Private Sector Organizations (ECOBANK TRANSNATIONAL INTERCORPORATED, ECOMARINE)

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Members states

Members states

Two sub-regional blocs:

• The West African Economic and Monetary Union (UEMOA) is an organization of 8, mainly French- speaking, states within the ECOWAS which share a customs union and currency union.

Members states

• Two sub-regional blocs:

• The West African Monetary Zone (WAMZ), established in 2000, comprises six mainly English-speaking countries within ECOWAS which plan to work towards adopting their own common currency, the eco.

Members states

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UEMOAWAMZ

ECOWAS only (Cape Verde)

ECOWAS-EU

• West Africa is the EU's largest trading partner in Sub-Saharan Africa. The EU is West Africa's biggest trading partner, ahead of India, China and the US: the EU accounts for 24.5% of West Africa's exports and 28.5% of West Africa's imports.).

ECOWAS-EU

EU – ECOWAS trade amounts to € 45.5 billion

In terms of sectors,

• ECOWAS's exports to the EU consist mainly of fuels (51.9%) and food products (33.8%).
• West Africa's imports from the EU consist of fuels (28.6%), food products (12.0%), machinery (26.7%), and chemicals and pharmaceutical products (12.5%)

The Morocco entrance

• GDP        move        from        623.5        billions        to        USD        728.5 billions
• Population: from 349 millions to 382,9 millions
• Languages: English – French – Português – Arab

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• The        Community        becomes        the        17th        global economic power

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ECOWAS Tourism

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