ECOWAS
REVISED
TREATY
"Export Duties" means all customs duties and taxes of equivalent effect levied on
goods by virtue of their exportation;
"Fund"means the Fundfor Co-operation, Compensation andDevelopment established
under Article 21 of this Treaty;
"Member State" of "Member States" means a Member State or Member States of the
Community as defined in Paragraph 2 ofArticle 2 of thisTreaty;
"Non-Tariff Barriers" means barriers which hamper trade and which are caused by
obstacles other than fiscal obstacles;
"Parliament of the Community" means the Parliament established under Article 13 of
this Treaty;
"Protocol" means an instrument ofimplementation ofthe Treaty having the same legal
force as the latter;
"Region" means the geographical zone known as West Africa as defined by Resolution
CM/Res.464 (XXVI) of the OAUCouncil of Ministers;
"Statutory Appointees" includes the Executive Secretary, Deputy Executive Secretaries,
Managing Director of the Fund, Deputy Managing Director of the Fund, Financial
Controller and any other senior officer ofthe Community designated as such by the
Authority or Council;
"Third Country" means any State other than aMember State; 'Treaty" means this revised
Treaty.
CHAPTER II
ESTABLISHMENT, COMPOSITION, AIMS AND
OBJECTIVES AND FUNDAMENTAL PRINCIPLES
OF THE COMMUNITY
ARTICLE 2
ESTABLISHMENT AND COMPOSITION
THE HIGH CONTRACTING PARTIES, by this Treaty, hereby re-affirm the
establishment of the Economic Community ofWest African States (ECOWAS)
and decide that itshall ultimately be the sole economic community in the region
for the purpose ofeconomic integration and the realisation of the objectives of
the AfricanEconomicCommunity.