South Sudan, the EAC and the East African Monetary Union
South Sudan became the sixth member of the East African Community (EAC) in April 2016. This decision to join the EAC is an important step as the world’s newest country is developing its trade strategy. As a member of this regional bloc, South Sudan needs to accede to all the existing protocols and become actively involved in the ongoing negotiations for the future ones. For them to do so effectively, it is important to understand the implications of each of the protocols and the domestic reforms that need to take place for their implementation. One of the protocols is the one on the East African Monetary Union. Although the regional level negotiations are progressing quickly, the full costs and benefits of this particular path of integration are not yet fully understood.
To help address some of these issues and provide an overall overview of the East African Community and the implications of South Sudan’s accession to the regional bloc, Prof Chris Adam of Oxford University, who works closely with the EAC and other member states, held a public lecture and discussion in Juba; Nick Charamlambides was also present as discussant. This lecture was entitled South Sudan, the EAC and the East African Monetary Union.
Lecture notes can be found below, along with the speakers’ presentations.