By TEA CORRESPONDENT
In Summary
South Sudan, the newest member of the East African
Community, submitted the instruments of ratification of the Treaty on
Accession at the bloc’s headquarters in Arusha on Monday.
The instruments were received by the EAC Secretary-General
Liberat Mfumukeko, but the country has a grace period of three years to
implement the Treaty in order to become a full member of the economic
bloc.
Juba was admitted to the Community on April 15 this year after
signing the EAC Treaty to become the sixth member of the bloc, joining
Kenya, Tanzania, Uganda, Rwanda and Burundi.
ALSO READ: Juba begins three-year voyage to EAC
South Sudan will have to ratify various protocols such as the
Customs Union and the Common Market, as well align its constitution with
the EAC Treaty in the next three year.
The challenge, though, is that Juba, currently suffering from a
serious economic downturn with inflation hitting over 600 per cent, will
have to cough $8 million as part of its contribution for the
membership.
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