Economic Community of Great Lakes Countries
Economic Community of Great Lakes Countries or Communaute Economique des Pays des Grands Lacs (CEPGL) in relation with International Trade
In the context of trade organizations, Christopher Mark (1993) provided the following definition of Economic Community of Great Lakes Countries or Communaute Economique des Pays des Grands Lacs (CEPGL): A free trade area including Burundi, Rwanda, and Zaire, founded in 1976. Objectives include promotion of economic cooperation and development; reduction of tariffs on intra-group trade; free factor mobility; and joint industrial projects. An accord on customs and preferential tariffs was signed but not implemented. Some progress in cooperation on power generation has been achieved.
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