AIMS/OBJECTIVES OF ECOWAS — Economics Keypoint

To encourage increased trade among member countries.
To promote a wide range of industrial development
To promote a better allocation of resources
To promote a better mobility of factors of production
To ensure future customs union
To facilitate infrastructural development among member countries
To promote economies of large-scale production
To remove all forms of tariff and quotas among member states.
To harmonize a bargaining power/device for better prices of their agricultural products.
To create a wide market for member countries.