- create a single market for goods, services,facilitated by movement of persons
- create a liberalized market for goods and services through successive rounds of negotiations.
- contribute to the movement of capital and naturalpersons and facilitate investments building on the initiatives and developments in the State Parties and RECs;
- lay the foundation for the establishment of a Continental Customs Union
- promote and attain sustainable and inclusive socioeconomic development, gender equality and structural transformation of the State Parties;
- enhance the competitiveness of the economies of State Parties within the continent and the global market;
- promote industrial development through diversification and regional value chain development, agricultural development and food security; and