Central African Republic
Quick Facts
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| Official Name | Central African Republic |  |
| Capital | Bangui | |
| Location | Central Africa, north of Democratic Republic of the Congo | |
| Area | total: 622,984 sq km land: 622,984 sq km water: 0 sq km | |
| Climate | tropical; hot, dry winters; mild to hot, wet summers | |
| Terrain | vast, flat to rolling, monotonous plateau; scattered hills in northeast and southwest | |
Trade Agreements
Cotonou Agreement
TuvaluTrinidad And TobagoTonga
Timor LesteTanzania, United Republic Of
Solomon Islands
SamoaSaint Vincent And The GrenadinesSaint LuciaSaint Kitts And Nevis
Papua New GuineaPalauNiue
Nauru
Micronesia (Federated States Of)
Marshall Islands
Kiribati
JamaicaHaitiGuyana
Grenada
Fiji
Dominican RepublicDominica
Cuba
Cook Islands
BelizeBarbadosBahamasAntigua and Barbuda
The Cotonou Agreement is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy. The revised Cotonou Agreement is also concerned with the fight against impunity and promotion of criminal justice through the International Criminal Court. The agreement also provides for reciprocal trade agreements, meaning that not only the EU provides duty-free access to its markets for ACP exports, but ACP countries also provide duty-free access to their own markets for EU exports.
Trade Organizations
African union
Reunion
Formed with the idea in mind to accelerate the process of integrating the continent to enable it to play its role in the global economy, while addressing multifacted social, economic and political problems that are compounded by negative aspects of globalization.
Community of Sahel-Saharan States (CEN-SAD)
CEN-SAD is a Regional Economic community of the Organization of African Unity. The organization looks to implementing a community that comprises of sustained socio-economic development. CEN-SAD looks to free movement of persons, capitals and interests of nationals of members. Right of establishment, ownership and exercise of economic activity. Last, free trade and movement of goods, commodities and services from members.
Economic and Monetary Community of Central Africa (CEMAC)
The purpose of CEMAC is to promote economic integration among countries that share a common currency, the CFA franc. CEMAC promotes trade, institution of a genuine common market, and greater solidarity amongst peoples towards under-privileged countries and regions. Currently, CEMAC countries share a common financial, regulatory, and legal structure, and maintain a common external tariff on imports from non-CEMAC countries. It is a subgroup of ECCAS/CEEAC.
Economic and Monetary Community of Central Asia (CEMAC)
The purpose of CEMAC is to promote economic integration among countries that share a common currency, the CFA franc. CEMAC promotes trade, institution of a genuine common market, and greater solidarity amongst peoples towards under-privileged countries and regions. Currently, CEMAC countries share a common financial, regulatory, and legal structure, and maintain a common external tariff on imports from non-CEMAC countries. It is a subgroup of ECCAS/CEEAC.