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Title: Customs union as a form of regional economic Integration: examining its implications on Revenues and customs laws from an ethiopian Perspective
???metadata.dc.contributor.*???: Abebe Abebayehu
Mnyichil, Tekola
Keywords: major player in globalization
Issue Date: Jul-2014
Publisher: Addis Ababa University
Abstract: Globalization is the lastfinest triumph of mankind. lt is inevitable and irreversible. Free market is a major player in globalization. Regional economic integration is a segment of the move towards globally free market. lt is well known economic point of view that trade is created when countries form integration among themselves. Simultaneously, the issues of international trade and economic growth have gaíned substantial importance with the introduction of trade liberalization policies on the globejollowing the formation of General Agreement on Tarifls and Trade (GA TT), the present World Trade Organization (WTO), in 1945. To virtually come across liberalized economic integration amongst them. countries are supposed to progressiveb» go through uniquebt known degrees of economic integration which are categorized into five stages deriving towards political union. These include' Preferential trade area (PTA), Free Trade area (FTAJ, Customs Union (C U), Common Market, and Economic Union, Distinct from other forms of economic integration CU requires member states of any regional economic community to have a large degree of similarizing their national laws with the commonly agreed principles and laws of regional economic communities. Without such a serious commitment to implement regional economic integration agreements in confi>rmity with their respective national laws, there cannot be a progress in the desired objective of integration. Doing nothing or too little to implement agreed programmes at the national level can severely hamper the integration process. As long as regional economic integration initiatives do require such domestication of legal and institutional strategic approaches, it will not be an exception to Ethiopia 's national revenues and customs laws to consider economic integration principles into account in the existing fast tracking economic integration regime. Reasonably, signing and ratijfiting of treaties and protocols alone cannot lead to efiective regional economic integrations unless such agreements are reduced into approprialely enforceable local laws. It is only through implementation of the provisions of such treaties and protocols which are domesticated into national laws that an actual economic integration can be eventually realized. Having long lasting ambition of economic growth, Ethiopia has got membership in at least two regional economic communities: namely, COMESA and IGAD. Even if IGAD is at its infant stage in terms of economic integration. some (`OMESA members have joined to CU level of economic integration. Even though Ethiopia is not a member to C OMESA 's F TA and C U. there i
Appears in Collections:Thesis - Law

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