{"id":13979,"date":"2022-02-14T15:27:06","date_gmt":"2022-02-14T15:27:06","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=13979"},"modified":"2022-02-14T15:09:19","modified_gmt":"2022-02-14T15:09:19","slug":"dr-congo-on-the-threshold-of-entry-as-7th-eac-member","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dr-congo-on-the-threshold-of-entry-as-7th-eac-member","title":{"rendered":"DR Congo on the threshold of entry as 7th EAC member"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span><b>Arusha.<\/b><\/p>\n<p>Despite the security challenges in its eastern jungles, the DR Congo is set to become the newest member of the East African Community (EAC).<\/p>\n<p>The resource-rich country in the heart of Africa will join the six-nation bloc later this month: earlier than previously thought.<\/p>\n<p>The likelihood of the EAC becoming a seventh member came on the heels of the recent conclusion of detailed negotiations in Nairobi.<\/p>\n<p>\u201cThe negotiations were concluded and a negotiation framework matrix jointly adopted,\u201d a source at the EAC said.<\/p>\n<p>Adoption of the matrix discussed for two weeks in Nairobi last month technically clears the road of the country\u2019s entry into the bloc. Admission of a new member is the prerogative of the EAC Summit of Heads of State, the supreme organ of the Community.<\/p>\n<p>The Council of Ministers, another powerful organ, has recommended the admission of DRC into the bloc \u201cin accordance with the Treaty\u201d.<\/p>\n<p>A source at the EAC Secretariat hinted that the regional leaders are likely to meet at the end of this month specifically for the purpose.<\/p>\n<p>\u201cIf the summit is to take place, it would not be earlier than the end of February\u201d a source intimidated to The Citizen.<\/p>\n<p>During an EAC ministerial meeting held virtually on Tuesday last week, the ministers recommended for prompt admission of DRC into the bloc.<\/p>\n<p>The EAC negotiations team in Nairobi was led by Dr Alice Yalla of Kenya\u2019s Ministry for EAC Affairs and Prof Serge Tshibangu, a special envoy of the DRC presidency.<\/p>\n<p>According to the EAC Treaty, any country is free to join the bloc &#8211; provided it meets with the \u201cuniversally acceptable criteria\u201d.<\/p>\n<p>These include, among others, adherence to the principles of good governance, democracy and rule of law.<\/p>\n<p>Associated with these are: observance of human rights, social justice as well as potential to contribute to strengthening of the bloc.<\/p>\n<p>Critical among the criteria, however, is geographical proximity and connections with the existing EAC partner states.<\/p>\n<p>Maintenance of a market-driven economy and socioeconomic policies that are compatible with those of the Community are other factors.<\/p>\n<p>Security challenges facing DRC emerged during last December\u2019s EAC Summit which paved the way for negotiations to admit the country into the union.<\/p>\n<p>Uganda President Yoweri Museveni &#8211; whose troops have been battling with rebels in eastern Congo &#8211; said DRC admission would enhance security in the troubled Great Lakes Region.<\/p>\n<p>\u201cDRC would serve as a strategic security partner. There will be security benefits besides the economic benefits,\u201d he told the summit held virtually.<\/p>\n<p>The EAC, however, is projecting to benefit enormously as the region\u2019s Gross Domestic Product (GDP) will increase by $50 billion.<\/p>\n<p>Currently, the region\u2019s total GDP stands at $193 billion. With the DRC joining, it will shoot up to $240 billion.<\/p>\n<p>A study conducted by the East African Business Council (EABC) in 2019 indicated that the EAC bloc\u2019s annual exports to the DRC in 2018 were at $855.4 million<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Arusha. Despite the security challenges in its eastern jungles, the DR Congo is set to become the newest member of the East African Community (EAC). The resource-rich country in the heart of Africa will join the six-nation bloc later this month: earlier than previously thought. The likelihood of the EAC becoming a [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":13978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12,16],"tags":[233,281,283],"class_list":["post-13979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>DR Congo on the threshold of entry as 7th EAC member - Mozambique<\/title>\n<meta name=\"description\" content=\"Arusha. 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