GENERAL KNOWLEDGE

GK

WORLD ORGANISATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Through which treaty was East African Development Bank originally establish:
A
Traety for East African Co-operation, 1967
B
Traety for African Co-operation, 1965
C
Traety for African Unity, 1968
D
None of the above
Explanation: 

Detailed explanation-1: -EADB was established in 1967 under the treaty of the then East African Cooperation between Kenya, Tanzania, and Uganda. Following the breakup of the first East African Community (EAC) in 1977, the bank was re-established under its own charter in 1980.

Detailed explanation-2: -The East African Community (EAC) Treaty established the East African Court of Justice in 1999. The Court was inaugurated in November 2001 and heard its first case in 2005. It has two chambers and sits in Arusha.

Detailed explanation-3: -The EAC aims to achieve prosperity, competitiveness, security, stability and political unification in East Africa. The partner countries – Kenya, Uganda, Tanzania, Rwanda and Burundi – aim to create a political federation that would expand and reinforce economic, political, social and cultural integration.

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