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

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