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Economic Community of West African States (ECOWAS)

Context:

  • West African bloc ECOWAS is set to hold discussions about Niger after the junta defies the deadline.

About ECOWAS(Economic Community of West African States):

  • The Economic Community of West African States is a regional political and economic union of fifteen countries located in West Africa.
  • Goal: To achieve “collective self-sufficiency” for its member states by creating a single large trade bloc by  building a full economic and trading union.
  • Origin: The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region.
  • Members: The 15 members of the ECOWAS are Benin, Burkina Faso, Cabo Verde, Cote d’Ivoire, The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.

Sub-regional blocks of ECOWAS:

  • West African Economic and Monetary Union is an organisation of eight, mainly French-speaking, states within ECOWAS which share a customs union and currency union.
  •  West African Monetary Zone (WAMZ): It was established in 2000, comprises six mainly English-speaking countries within ECOWAS which plan to work towards adopting their own common currency, the eco.

Significance of ECOWAS: 

  • Geographic: The bloc represents West Africa’s regional cooperation as envisaged in the Treaty of the African Economic Community.
  • Economic: It promotes economic cooperation among member states in order to raise living standards and promote economic development. 
  • Strategic: ECOWAS has worked to address security issues by developing a peacekeeping force for conflicts in the region with member states occasionally sending joint military forces to intervene in the bloc’s member countries at times of political instability and unrest.

News Source: DTE

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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 Final Result – CIVIL SERVICES EXAMINATION, 2023.   Udaan-Prelims Wallah ( Static ) booklets 2024 released both in english and hindi : Download from Here!     Download UPSC Mains 2023 Question Papers PDF  Free Initiative links -1) Download Prahaar 3.0 for Mains Current Affairs PDF both in English and Hindi 2) Daily Main Answer Writing  , 3) Daily Current Affairs , Editorial Analysis and quiz ,  4) PDF Downloads  UPSC Prelims 2023 Trend Analysis cut-off and answer key

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UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
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Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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