Preferential Trade Area for Eastern and Southern African States (PTA)
Zone d'échanges préférentiels des Etats de l'Afrique de l'est et l'Afrique australe (ZEP)
Zona de Comércio Preferencial para os Estados da Africa Oriental e Austral (ZCP)
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Founded
1981-12-22 Lusaka Zambia
History
22 Dec 1981, Lusaka (Zambia), under the auspices of E-XE4174 - United Nations Economic Commission for Africa (ECA), pursuant to decision of 1st Extraordinary Conference of Ministers of Trade, Finance and Planning, Mar 1978, Lusaka, as elaborated in the draft of a Treaty presented, Jan 1981, to a Joint Meeting of the Council of Ministers of E-XE6080 - ECA Subregional Office for Southern Africa (SRO-SA Lusaka) and 2nd Extraordinary Conference. Treaty establishing the Preferential Trade Area signed by 9 Member States on 20 Sep 1982, Lusaka, entered into force on 30 Sep 1982. Also known as Eastern and Southern African Preferential Trade Area (ESAPTA) -- Zone d'échanges préférentiels pour l'Afrique orientale et australe. Under terms of a treaty signed 5 Nov 1993, transformed into F-XF3162 - Common Market for Eastern and Southern Africa (COMESA). Although SACU member countries which also signed the COMESA Treaty - Lesotho, Namibia, Swaziland - were exempt from full COMESA membership obligations until 2 Oct 1997, and COMESA is continuing discussion started by PTA on cooperation or even merger possibilities with F-XF2522 - Southern African Development Community (SADC), PTA itself ceased to exist on 8 Dec 1994.
Aims
Objectives as defined in the 1982 Treaty and its Protocols: Promote cooperation and integration covering all the fields of economic activity, particularly trade, customs, industry, transport, communications, agriculture, natural resources and monetary affairs; raise the standard of living of the people by fostering closer relations among Member States; create a Common Market by the year 2000 in order to allow a free movement of goods, capital and labour within the sub-region; contribute to the progress and development of the other African countries.
Events
5 past events available with paid subscription only.Activities
Available with paid subscription only.Structure
Authority (meets once a year), made up of the Heads of State and Government, is the supreme Policy Organ. Council of Ministers (meets once a year), consisting of ministers designated by Member States, is the second highest Policy Organ. PTA Tribunal is the judicial organ of PTA but will cease to exist under COMESA, as will the PTA Administrative Appeals Board. Committee of Central Bank Governors. Intergovernmental Commission of Experts (Commission). Technical Committees and Subcommittees. Secretariat, headed by Secretary-General. Divisions: Trade and Customs; Monetary Affairs; Industry and Energy; Transport and Communications; Agriculture. Under the new Common Market, the following institutions have been or will be set up: 'Authority of the Common Market for Eastern and Southern Africa'; COMESA Committee of Central Bank Governors; F-XF3766 - Court of Justice of the Common Market for Eastern and Southern Africa (COMESA Court of Justice).
Languages
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Available with paid subscription only.UN Sustainable Development Goals **
UIA Org ID
XF6602
Last News
1994
** UN SDGs are linked to the subject classification.
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