DRC - Member of the East African Community

The EAC trade bloc admitted the Democratic Republic of Congo (DRC) as its 7th member on March 29, 2022, increasing the market by half to reach 300 million people.

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The EAC Common Market, which includes Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, was created in 2010 to allow the free movement of goods and people across borders, and is one of the most advanced trading blocs on the continent.

The admission of the DRC as a full member will increase the annual economic output of the common market by a quarter.

Following the DRC's accession to the EAC, an increased budget should be necessary for the development of this sub-regional organization, whose combined GDP is around 240 billion $. The Council of Ministers of the East African Community (EAC) proposed a total budget of 91.6 million $ for the 2022-2023 fiscal year, essentially the same as the previous year's.

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The entry of the DRC, which produces minerals including copper and cobalt, in high demand for battery-powered vehicles, and diamonds, now means that the block extends from the Indian Ocean to the Atlantic coast.

Despite its relative success, the EAC common market has suffered from long delays in clearing goods at borders, with governments insisting on controls carried out by several agencies, including tax authorities, phytosanitary inspections, human health departments, livestock control and forestry.

The DRC is also a member of the Southern African Development Community (SADC), the Economic Community of Central African States (ECCAS) and the African Union (AU).