- published: 15 Jun 2016
- views: 136
The Economic Community of West African States (ECOWAS; French: Communauté économique des États de l'Afrique de l'Ouest, CEDEAO) is a regional group of fifteen West African countries. Founded on 28 May 1975, with the signing of the Treaty of Lagos, its mission is to promote economic integration across the region.
Considered one of the pillars of the African Economic Community, the organization was founded in order to achieve "collective self-sufficiency" for its member states by creating a single large trading bloc through an economic and trading union. It also serves as a peacekeeping force in the region. The organization operates officially in three co-equal languages—French, English, and Portuguese.
The ECOWAS consists of two institutions to implement policies—the ECOWAS Commission and the ECOWAS Bank for Investment and Development, formerly known as the Fund for Cooperation until it was renamed in 2001.
A few members of the organization have come and gone over the years. In 1976 Cape Verde joined ECOWAS, and in December 2000 Mauritania withdrew, having announced its intention to do so in December 1999.
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As Economic Community of West African States (ECOWAS) turns 40 years in 2015, the regional office of Friedrich Ebert Stiftung (FES) commemorated the anniversary of its long time partner with a special edition of the “Abuja debate” which witnesses not only a heated discussion by the distinguished panelists but also a literary/poetry initiative with a blend of music by talented and vibrant young individuals which represents the next generation of ECOWAS of the people. The event was held on the 16th June 2015 in Abuja, Nigeria. The debate focused on “ECOWAS 40 years: achievements, lessons learnt and prospects, future trends of regional human security and democratic issues at stake". http://www.fes-westafrica.org/
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Africa Program Dr. Chambas first presented a brief history of ECOWAS and then a more detailed perspective of the current regional situations and challenges that are being (or should be) addressed. He pointed out that the original vision of the Founding Fathers of ECOWAS was one of intraregional commerce and cooperation, which was both ambitious and visionary, being 30 years ahead of the current globalization trend. Panelists: Mohamed Ibn Chambas, Dr. Chris Fomunyoh
The first transfer pricing regional meeting of ECOWAS member states is holding in Abuja. Lydia Bassey reports that the meeting which is geared towards Buliding a strong investment climate across West Africa has over sixty participants including tax administrators and tax policy officials.
The African Union summit is under way in Rwanda. Members of regional bloc ECOWAS had previously asked the AU to postpone the election of a new AU Commission Chairperson during this gathering. They claimed they needed more time to appoint a candidate. However, that decision is up to the heads of state who meet on Sunday.
The potential Economic Partnership Agreement (EPA) between the European Union and West Africa (ECOWAS and UEOMA) would liberalise trade between the two regions. However the agreement is at a standstill with The Gambia, Mauritania and Nigeria refusing to sign over concerns of de-industrialisation, loss of tariff revenues, regional disintegration and competition due to increased EU products on the West African market... So we talked to Member of the European Parliament, Jude Kirton-Darling who sits on the International Trade Committee, the Committee responsible for the Parliamentary work on the ECOWAS-EU EPA. Website: https://www.facebook.com/whatsinitforafrica Twitter: https://twitter.com/whtsinit4Africa Facebook: https://www.facebook.com/whatsinitforafrica Thanks for tuning in!
(Intro)
Swing high then swing low
I know we all know
Swing high then swing low
I know we all know
(K-Os)
I was rushing to the end
But you're everything I saw, again
And hoping to pretend
I was knocking on heavens door my friends
But I was just a fool, caught up in the game
Everything is cool, believing in my name instead of his
And then the sun came out
I couldn't find the shade, I'm not afraid
Of the light anymore
(Chorus)
Patience
Heavens on the side be patient
The universe is mines
Patience
Everything is grand use patience
And you can understand
(K-Os)
Now everyone knows
We hold the key deep in our souls
But we are living a life on the surface yo
What's the purpose of living lies
Somebody tell me
Some hearts are made of stone (of stone)
They'll find their way back home (home)
I know I walk the path of life eternally
To be free, its all time
(Chorus)
Patience
Heavens on the side be patient (heavens on your side)
The universe is mines (and you don't travel anywise)
Patience
Everything is grand use patience (use patience)
And you can understand (you can understand)
(Outro)
Swing high then swing low
I know we all know
Swing high then swing low