Achievements of COMESA

Achievements of COMESA

1. It provides its members a wide, harmonized and more competitive market for internal and external trading.
2. It provides member states with a rational way of exploiting natural resources for their welfare.
3. COMESA has established harmonized monetary, banking and financial policies in the region.
4. It has improved the administration of transport and communication to ease movement of goods, services and people.
5. It has ensured cooperation in the promotion of peace, security and stability among member states in order to enhance economic development in the region.
6. COMESA has strengthened relations between the Common Market and the rest of the world while ensuring that the members adopt a common position in international fora.
7. Through the Authority of Heads of State and Government, COMESA directs and controls the affairs of the common market.
8. Customs cooperation has been achieved through a unified computerized customs network that operates across the region. The harmonization of macro-economic and monetary policies throughout the region has been achieved.
9. It has provided room for greater industrial productivity and competitiveness due to its large market.
10. It has encouraged member states to practice good governance, accountability and respect for human rights. Burundi and Rwanda were subjected to these demands before they were admitted to COMESA.
11. It has contributed to employment of many people in the region.
12. COMESA has promoted increased agricultural production and exploitation of natural resources.
13. The organization has ensured a more efficient and reliable transport and communication infrastructure.