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Somali National News Agency > Blog > Articles > Somalia Joining the East African Community: A Look at the Benefits and Opportunities
Articles

Somalia Joining the East African Community: A Look at the Benefits and Opportunities

By Khadarow
Last updated: February 12, 2023
3 Min Read
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The East African Community (EAC) is a regional intergovernmental organization consisting of seven countries: Kenya, Rwanda, Burundi, Tanzania, Uganda, DR. Congo and South Sudan. Joining this community of nations brings a number of potential benefits to Somalia, including increased business opportunities, greater security, and more access to resources.

  • Increased Business Opportunities

Somalia has many businesses in East Africa, and joining the EAC would bring increased potential for trade and investment within the region. The EAC has established a number of preferential trade agreements which have allowed for a significant rise in intra-regional trade. With the harmonization of trade rules and regulations in the region, Somalia would have greater access to new markets and investment opportunities. This would create new economic possibilities for the nation and would help to drive sustainable economic growth.

  • Greater Security

By joining the EAC, Somalia would be able to benefit from increased security in the region. The EAC is committed to peace and stability, and has worked to foster cooperation between the member states. This has led to enhanced collaboration on security and defense matters, which will benefit all the members. In addition, the EAC has established a comprehensive system of conflict resolution and mediation, which would provide Somalia with additional support in the event of a security crisis.

  • Access to Resources

Through joining the EAC, Somalia would gain access to a wide range of resources that would be beneficial for the nation. This includes access to education and healthcare, as well as technical and financial support. Furthermore, the EAC has established a number of development initiatives that would help to improve the lives of the citizens of Somalia. These initiatives could have a direct effect on the nation’s economic and social development.

In conclusion, joining the East African Community would bring many potential benefits to Somalia, including increased business opportunities, greater security, and access to resources. As such, it would be a positive move for the nation and would bring many opportunities for economic and social progress.

BY: Abdullahi

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