The Economic Community of West African States (ECOWAS) is a regional group of fifteen West African countries. Founded on 28 May 1975, with the signing of the Treaty of Lagos, its mission is to promote economic integration across the region.
Considered one of the pillars of the African Economic Community, the organization was founded in order to achieve "collective self-sufficiency" for its member states by creating a single large trading bloc through an economic and trading union. It also serves as a peacekeeping force in the region. The organization operates officially in three co-equal languages—English, French, and Portuguese.
The ECOWAS consists of two institutions to implement policies -- the ECOWAS Commission and the ECOWAS Bank for Investment and Development, formerly known as the Fund for Cooperation until it was renamed in 2001.
A few members of the organization have come and gone over the years. In 1976 Cape Verde joined ECOWAS, and in December 2000 Mauritania withdrew, having announced its intention to do so in December 1999.
Read more about Economic Community Of West African States: Current Members, Transport
Famous quotes containing the words economic, community, west, african and/or states:
“Theres something about Marxism that brings out wartsthe only kind of growth this economic system encourages.”
—P.J. (Patrick Jake)
“Education is for improving the lives of others and for leaving your community and world better than you found it.”
—Marian Wright Edelman (20th century)
“At Hayes General Store, west of the cemetery, hangs an old army rifle, used by a discouraged Civil War veteran to end his earthly troubles. The grocer took the rifle as payment on account.”
—Administration for the State of Con, U.S. public relief program (1935-1943)
“The fact that white people readily and proudly call themselves white, glorify all that is white, and whitewash all that is glorified, becomes unnatural and bigoted in its intent only when these same whites deny persons of African heritage who are Black the natural and inalienable right to readilyproudlycall themselves black, glorify all that is black, and blackwash all that is glorified.”
—Abbey Lincoln (b. 1930)
“Colonel Bat Guano: Okay, Im going to get your money for you. But if you dont get the President of the United States on that phone, you know whats going to happen to you?
Group Captain Lionel Mandrake: What?
Colonel Bat Guano: Youre going to have to answer to the Coca-Cola company.”
—Stanley Kubrick (b. 1928)