Regional Economic Communities definition

Regional Economic Communities means the regional integration blocs of the African Union;
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Regional Economic Communities or “RECs” means the various groupings of
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Regional Economic Communities or “RECs” means the various groupings of countries into regional blocs consisting of the Common Market, EAC, IGAD and SADC or any such other regional organization as may be specified by the Board of Governors from time to time taking into account the objectives of the Bank and the treaties establishing or otherwise affecting it;
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Examples of Regional Economic Communities in a sentence

  • They should increase direct funding of research led by Africa, coordinated by the Regional Economic Communities and in collaboration with the global health partnerships.

  • The programme has 5 result areas, the SDCEP falls under Result 2 which focus on DRR Capacity Building of Regional Economic Communities coordinated by the World Bank/ Global Facility for Disaster Risk Reduction (WB/GFDRR).

  • In view of the Summit decision to make the July Summits focus on coordination issues with Regional Economic Communities, I call on Your Excellencies to exceptionally agree on an Extra-Ordinary Summit in July 2019, a day before the Coordination Summit.

  • Below is a summary of the key priority areas African Governments, Regional Economic Communities, Continental AU Organs and other stakeholders must address in the next 50 years if the vision for the “Africa We Want By 2063” is to be attained.

  • The AfCFTA Agreement acknowledges the role of the Regional Economic Communities “as building blocks towards the establishment of the African Continental Free Trade Area (AfCFTA)”.

  • It is for the above reason that the country is fully committed to the regional approach to infrastructure development under the Regional Economic Communities (RECs), such as SADC, COMESA, and the New Partnership for Africa’s Development (NEPAD).

  • Regional Economic Communities will play an essential role as building blocks of the continental integration process.

  • The EPA-agreements, as instruments for development, are to be implemented at the sub-regional level, however, the AU-EU dialogue is relevant to the overall process of regional integration and interface with developing Regional Economic Communities.

  • Other African bodies such as the Regional Economic Communities, the United Nations Economic Commission for Africa (UNECA), the African Development Bank and regional tax organizations, such as ATAF and CREDAF, could contribute to this process by coordinating a common African position.

  • Regional Economic Communities (RECs) are important for the continental economic and political integration agenda and should continue to be key partners for the EU in Africa.


More Definitions of Regional Economic Communities

Regional Economic Communities means regional integration blocks of the African Union
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Related to Regional Economic Communities

  • Special Economic Zone means each Special Economic Zone notified under the proviso to sub-section (4) of section 3 and sub-section (1) of section 4 (including Free Trade and Warehousing Zone) and includes an existing Special Economic Zone;

  • Broad-Based Black Economic Empowerment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • traditional communities means communities recognised in terms of section 3 of the Eastern Cape Traditional Leadership and Governance Act, 2005 (Act No. 4 of 2005).

  • Atomic Energy Act means the Atomic Energy Act of 1954, as amended.

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • freezing of economic resources means preventing the use of economic resources to obtain funds, goods or services in any way, including, but not limited to, by selling, hiring or mortgaging them;

  • European Communities means the European Economic Community, the European Coal and Steel Community and the European Atomic Energy Community.

  • Indian-owned economic enterprise means any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership constitutes not less than 51 percent of the enterprise.

  • exclusive economic zone ’ means the zone established by Presidential Proclamation Numbered 5030, dated March 10, 1983, including the ocean waters of the areas referred to as ‘‘eastern special areas’’ in Article 3(1) of the Agreement between the United States of America and the Union of Soviet Socialist Re- publics on the Maritime Boundary, signed June 1, 1990;

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Urban Coordinating Council Empowerment Neighborhood means a neighborhood given priority access to State resources through the New Jersey Redevelopment Authority.

  • Michigan economic growth authority means the Michigan economic growth authority created in the Michigan economic growth authority act, 1995 PA 24, MCL 207.801 to 207.810.

  • University Community means all students and employees of the University, persons officially associated with the University, former students and alumni at the University, as well as invitees, visitors and guests.

  • Non-community water system means a public water system that is not a community water system.

  • Nodal Ministry means the Ministry or Department identified pursuant to this order in respect of a particular item of goods or services or works.

  • U.S. Economic Sanctions Laws means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program.

  • Railway Group Standards means standards authorised pursuant to

  • Virginia Stormwater Management Act means Article 2.3 (§ 62.1-44.15:24 et seq.) of Chapter 3.1 of Title 62.1 of the Code of Virginia.

  • Enterprise zone means a neighborhood enterprise zone designated under the neighborhood enterprise zone act, 1992 PA 147, MCL 207.771 to 207.787.

  • Councillor means a member of a municipal council;

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Specially Designated Nationals and Blocked Persons list maintained by the Office of Foreign Assets Control of the United States Department of the Treasury found at: xxxxx://xxx.xxxxxxxx.xxx/ofac/downloads/sdnlist.pdf;