In 2013, the combined gross domestic product (GDP) for COMESA stood at USD 638.6 billion from USD 553.9 billion in 2012 an impressive rate of 15% growth rate. So far 13 countries including non-COMESA member States are using the Yellow Card. Industrial Statistics are compiled from Member States. Notable progress within the COMESA region has been achieved through improved macroeconomic management, market-based reforms and continued structural progress in many countries. (ix) Conflicts over trading rights among the member states. COMESA places the member states at an advantage of adopting a common custom scheme that abolishes non-tariff barriers to trade between themselves. Area (sq. (vii) Accusation of other countries undermining their neighbours. The same number is reached if you count the UN voting members, its two permanent observers, and Taiwan. Soon we are expecting additional non-COMESA countries, including Angola and South Sudan to join the scheme. The recent years have seen massive movement of people from different countries to other countries. In a statement, Comesa said so far eight countries of the required 14 have ratified the Tripartite Free Trade Agreement (TFTA) with Namibia being the latest. Currently over 200 Insurance Companies are involved in its operations and annually over 200,000 inter-state motorists use the Yellow Card. $1,335.0. A total of 22 out of 26 countries in the tripartite bloc comprising COMESA, East Africa Community (EAC) and Southern Africa Development Community (SADC) have signed the agreement. GDP per capita. $657.4 billion. Nine of the member states formed a free trade area in 2000 (Djibouti, Egypt, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia and Zimbabwe), … (xi) Member states put their nationalistic interests ahead of COMESA interests. The Common Market for Eastern and Southern Africa (COMESA) is a free trade area with twenty-one member states stretching from Tunisia to Eswatini.COMESA was formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. 492.5 million The deadline of April 2019 was set in June last year during the ministerial meeting in Cape Town, South Africa. The Heads of State and Government of the Common Market for Eastern and Southern Africa (COMESA), East African Community (EAC) and Southern African Development Community (SADC) met on 10 June, 2015 in Sharm El Sheikh, Egypt at the Third Tripartite Summit to officially launch the COMESA-EAC-SADC Tripartite Free Trade Area (TFTA). So How Many Countries Are There? COMESA: Introduction The Common Market for Eastern and Southern Africa (COMESA) is a free trade area that encompasses 19 countries stretching from Libya to Zimbabwe. If you use the U.S. State Department's list of recognized nations and also include Taiwan, there are 196 countries in the world. This is why 196 is probably the best current answer to the question. km) 12 million sq.km. This trend in movement of people is backed by socio-economic, religious and political factors. Selected regional indicators for COMESA (2014) GDP. So far as number of COMESA countries collect FDI statistics based on enterprise surveys. The international migrants in COMESA have increased by 48% since 2000 from 5.8 million people to 8.7 million people in 2017. (viii) Poor transport and communication network. (x) Namibia and Tanzania have pulled out of COMESA and joined SADC. COMESA was established when a treaty was signed on November 5, 1993, in Kampala, Uganda, and then ratified the following year in Lilongwe, Malawi, on December 8, 1994. 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