The objectives of the UEMOA are:
  • Strengthening the competitiveness of economic and financial activities of the Member States within the framework of an open and competitive market and a streamlined and harmonized legal environment
  • Ensuring convergence of performance and economic policies of the Member States through the establishment of a multilateral surveillance procedure
  • Creating a common market between the Member States based on the free movement of persons, goods, services, capital and the right of establishment of self-employed or salaried persons, as well as on a common external tariff and trade policy
  • Instituting coordination of national sectoral policies through the implementation of common actions, and possibly, common policies, notably in the following areas: human resources, territorial planning, agriculture, energy, industry, mines, transportation, infrastructure and telecommunications
  • Harmonizing, as necessary for the proper functioning of the common market, the legislations of the Member States, particularly the tax regime.