ENTEBE – The Federal Republic of Somalia officially joined the East African Community (EAC) on Friday by signing the Treaty of Accession.
This historic ceremony, held at State House in Entebbe, Uganda, marks a significant step towards enhanced economic and trade opportunities for Somalia and the entire East African region.
President Sheikh Hassan Mohamud of Somalia signed the treaty alongside the Chairperson of the Summit of EAC Heads of State, President Salva Kiir Mayardit of South Sudan.
The ceremony was witnessed by Ugandan President Yoweri Kaguta Museveni and other dignitaries, highlighting the regional significance of this event.
“President Kiir stressed the importance of peace and stability in the region to achieve sustainable development,” stated a release from his office, emphasizing the link between regional cooperation and economic prosperity.
President Mohamud, in his remarks, expressed optimism about the positive impact of joining the EAC.
“The integration will bring the country the economic and commercial future of the East African countries to enhance trade in the region,” he declared.
This accession comes after the EAC Heads of State directed, at their November 2023 meeting, that Somalia deposit the instrument of ratification within six months of signing the treaty.
This formal step paves the way for Somalia’s full participation in the EAC, alongside its partner states: Burundi, the Democratic Republic of the Congo, Kenya, Rwanda, South Sudan, Uganda, and Tanzania.
Somalia’s membership in the EAC is expected to bring numerous benefits. Increased trade within the bloc will open up new markets for Somali businesses and boost economic growth.