April 2016

This Portal

This Portal is a product of Ministry of Finance, Planning and Economic Development in fulfilling part of its mandate to communicate economic development policy and its results. It provides timely and relevant information on Uganda’s development with a view to facilitating increased engagement with stakeholders on Uganda’s development policy.

The Common Market for Eastern and Southern Africa (COMESA)

COMESA was formed in 1994 to replace the former Preferential Trade Area (PTA) arrangement which had existed earlier. COMESA was established “as an organization of free independent sovereign states which have agreed to co-operate in developing their natural and human resources for the good of all their people”. With its 21 Member States, population of over 583 million GDP of $805 billion, a global export/import trade in goods worth US$ 324 billion. COMESA forms a major marketplace for both internal and external trading.