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Advantages and disadvantages of Comesa.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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ADVANTAGES AND DISADVANTAGES OF COMESA: Advantages: COMESA offers very extensive benefits and advantages for its member States as well as the business community. Because of its focus on full private sector participation in integration, COMESA offers new opportunities for industrial, production, investment, development and trade opportunities not hitherto available under the previous regional arrangements. These advantages are briefly enumerated below: * A wider, harmonized and more competitive market No investor can decide to produce any goods without determiing where and how to sell them. Therefore, the first advantage which COMESA offers to governments, investors and producers is the very large market. The national markets will be integrated into one large single "domestic market" to support new and expanded production and manufacturing. This is perhaps the largest single market in the developed world, aside from South East Asia. COMESA, with South Africa, has an estimated population of over 360 million people In the COMESA...
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