Economic Community of the Great Lakes Countries
Topic: Finance
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Economic Community of the Great Lakes Countries Communauté Économique des Pays des Grand Lacs (French) | |
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| Membership |
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| Establishment | September 20, 1976 |
Website www.cepgl.org | |
The Economic Community of the Great Lakes Countries (ECGLC) (in French CEPGL - Communauté Économique des Pays des Grand Lacs) is an international organization established on September 20, 1976, to promote economic integration and facilitate the movement of goods and people between its three members: Burundi, the Democratic Republic of the Congo (formerly known as Zaire), and Rwanda. Its main purpose is to promote regional economic cooperation and integration. Its headquarters is located in Gisenyi, in the Rubavu District of the Eastern Province of Rwanda.[1][2]
History
On September 20, 1976, the presidents of Zaire (Mobutu Sese Seko), Rwanda (Juvénal Habyarimana), and Burundi (Jean-Baptiste Bagaza) signed the agreement establishing the Economic Community of the Great Lakes Countries (CEPGL) in the Rwandan city of Gisenyi.
In 1994, the crisis in Burundi and the genocide against the Tutsi in Rwanda deeply destabilized the organization. By 1996, all agreements were suspended after Zaire’s territorial sovereignty was violated by forces from the Alliance of Democratic Forces for the Liberation of Congo (AFDL) and the Rwandan Patriotic Army (RPA).[3]
Efforts to revive the CEPGL began in 2004, initiated by Belgian Foreign Minister Louis Michel, and gathered pace in 2008. The relaunch was officially confirmed in August 2010 during a meeting between Presidents Kagame of Rwanda and Nkurunziza of Burundi.
In August 2022, representatives from eleven Central African states agreed in Yaoundé to merge three regional economic blocs—CEEAC, CEMAC, and CEPGL—into a single organization.[4]
The CEPGL's mission is to promote regional economic integration by enabling the free movement of people, goods, and capital, while also contributing to regional security. It supports joint institutions in sectors such as finance, research, and energy.[5]
The CEPGL controls the following institutions:[6]
- Development Bank of the Great Lakes States (BDEGL)
- Economic Community of the Great Lakes Countries for Energy (EGL)
- Institute for Agricultural Research and Animal Husbandry (IRAZ)
- International Electricity Company of the Great Lakes Countries (SINELAC)
See also
- Common Market for Eastern and Southern Africa
- East African Community
- Economic Community of Central African States
References
- ↑ KAKULE, Job (2020-09-20). "[Histoire 20 septembre 1976 : Création de la Communauté économique des Pays des Grands Lacs (CEPGL)"] (in fr). https://www.grandslacsnews.com/posts/histoire-20-septembre-1976-creation-de-la-communaute-economique-des-pays-des-grands-lacs-cepgl-1021.
- ↑ "Communauté économique des pays des Grands Lacs | UIA Yearbook Profile | Union of International Associations". https://uia.org/s/or/en/1100037595.
- ↑ "SUMMARY". https://www.hrw.org/legacy/reports/1997/congo/Congo1.htm.
- ↑ "L’Afrique centrale avance à grands pas vers l’intégration régionale". https://www.voaafrique.com/a/6708175.html.
- ↑ "LA C.E.P.G.L | Société Internationale des Pays des Grands Lacs" (in fr-FR). https://sinelac.org/la-cepgl/.
- ↑ "The Economic Community of the Great Lakes Countries (CEPGL) and IFDC's CATALIST Project Sign MOU to - IFDC". https://ifdc.org/2010/02/03/the-economic-community-of-the-great-lakes-countries-cepgl-and-ifdcs-catalist-project-sign-mou-to/. Retrieved 12 June 2018.
External links
official website Template:Democratic Republic of the Congo–Rwanda relations
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