Objectives of CEMAC
CEMAC is also known as the Economic and Monetary Community of Central Africa, which works to promote economic, social and military cooperation between six states in the interior of Africa. First formed in 1982, the organization has fostered cooperation among its members in several areas, including the free movement of the tools needed to drive central Africa's economy and social progress.
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Major Objective
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The ultimate goal of CEMAC, which it first outlined in 1999, is the creation of an African Common Market. CEMAC has protocols for the industries that drive its economy, including agricultural, industrial, transportation, communications, science, technology, energy, natural resources, human resources and education. The goal is to have a common customs protocol for all countries, allowing for free movement of the materials and manpower needed to drive industry.
Member Nations
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There are 11 member nations in CEMAC, including Angola, Burundi, Cameroon, Central African Republic, Chad, Democratic Republic of the Congo, Equatorial Guinea, Gabon, Republic of the Congo, Rwanda and Sao Tome and Principe. Each of these countries have agreed to be governed by the terms of its CEMAC agreements.
Peace
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One of CEMAC's chief aims is to maintain peace, security and stability among its member nations. It is the belief of the CEMAC nations that peace is essential to the area's growth, both economically and socially. CEMAC nations have a non-aggression pact, signed in 1994. In 1999 they created the Council for Peace and Security in Central Africa (COPAX), which features an early-warning system for crises, cooperation between military and police officers in member states and a multinational military force for security and humanitarian relief.
Money
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Another major objective is the integration of currency and economy among CEMAC member nations. CEMAC has accomplished this with several treaties among its member nations, including protocols on products that can be traded between member states, a clearinghouse for the economic community, a fund for countries if they lose revenue and a protocol on non-tariff trade barriers between member nations.
Society
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Human integration is another major goal for CEMAC nations. CEMAC has accomplished this in several ways, including rules on freedom of movement of citizens of CEMAC member states within those states. There are also protocols on customs, transit and transit facilities and tourism that aids in the societal interactions of citizens of these nations.
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