Treaty of Lagos in Lagos, Nigeria, on 28 May 1975. It was created to promote
economic trade, national cooperation, and monetary union, for growth and
development throughout West Africa.
A revised treaty intended to accelerate integration of economic policy and
improve political cooperation was signed on 24 July 1993. It sets out the
goals of a common economic market, a single currency, the creation of a West
African parliament, economic and social councils, and a court of justice. The
treaty also lays the burden of settling regional conflicts on the treaty
members.
This Day in African History � Treaty of Lagos originally appeared on About.com
African History on Saturday, May 28th, 2011 at 00:10:21.
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