Somalia’s Has Just Joined The East African Community Trade Bloc

Somalia, after decades of conflict and efforts to recover, has joined the East African Community (EAC) as its eighth member, signifying a vital step toward regional economic integration and free trade.

The admission of Somalia, announced at the EAC summit in Tanzania, is anticipated to expand the EAC market, already encompassing countries like Burundi, the Democratic Republic of Congo, Kenya, Rwanda, South Sudan, Tanzania, and Uganda, to more than 300 million people.

President Hassan Sheikh Mohamud, present at the summit, hailed this step as a beacon of hope for Somalia, offering a future filled with potential and opportunities. Somalia’s inclusion marks a pivotal moment in the nation’s history, aiming to foster economic growth and stability after years of turmoil.

The EAC, founded in 2000 and headquartered in Arusha, Tanzania, focuses on fostering trade and economic growth by eliminating customs duties among member states. The bloc established a common market in 2010 to encourage economic cooperation.

With Somalia’s accession, the EAC’s combined land area extends to 4.8 million square kilometres and boasts a combined GDP of $305 billion, facilitating a substantial trade volume of $78.75 billion in 2022.

However, Somalia’s integration may pose security challenges due to ongoing struggles against the al-Qaeda-affiliated al-Shabab group. The country’s efforts to quell the rebellion have encountered obstacles, raising concerns about Somalia’s ability to address the 16-year insurgency.

The entry of Somalia into the EAC, sought since 2012, marks a significant leap in the bloc’s expansion across East Africa. However, concerns linger regarding Somalia’s governance, human rights, and legal frameworks, which could potentially affect its smooth integration into the regional bloc.

Despite challenges and historical disputes with neighbouring countries, Somalia’s inclusion into the EAC demonstrates its commitment to regional cooperation, aiming for collective prosperity and stability across the region.