1. To promote increased co-operation and development in economic activities.
  2. To promote the living standard of people through increased trade and infrastructural development
  3. To encourage and promote economic stability especially in harmonizing the prices of agricultural products.
  4. To promote the rapid development of the African continent.
  5. To remove all forms of tariff and quotas among member states.
  6. To establish a common custom and commercial policy towards non-member states.
  7. To eliminate all obstacles to the free movement of goods and people.
  8. To harmonize major policies as well as promote the establishment of common projects.

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