ECOWAS' heads of state meet to strengthen economic integration
An extraordinary summit brought together the heads of state of the Economic Community of West African States (ECOWAS) on Friday.An extraordinary summit brought together the heads of state of the Economic Community of West African States (ECOWAS) on Friday in Dakar (Senegal) to finalize the Common External Tariff (CET), the community levy of integration (PCI) and several
Partnership Agreements (EPAs) with the European Union.
The meeting also allowed the heads of state to discuss the Memorandum of the President of the ECOWAS Commission on the consolidation of the regional market, according to an ECOWAS press release.
They were encouraged to take the necessary steps towards the establishment - as soon as possible - of the second monetary zone in West Africa. It was recommended that a head of state must be appointed to lead the process of
creation of the single currency.
Regarding EPAs with the EU, the Council of Ministers authorized negotiators in West Africa to continue discussions with the European Union on the basis of the new scenario of market access offer.