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The customs union also established a unified organization and sets of rules, such as rules of origin, for all trade within, into, and passing through member states. In 2010 a common market was established within the EAC for the free movement of labor, goods, people, capital, and services, as well as established rights of establishment. The East African Monetary Union is proposed to be established in 2024 that will create a single common currency by the East African Central Bank. In 2017 all member states adopted the confederation of EAC as a transitional precursor to the final federation. Foreign Policies of Tanzania are in process of review to replace the current New Foreign Policy of 2001, which was the first official foreign policy of Tanzania.

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Atul is the wealthiest among the three famous Gupta brothers. In 2016, he was listed as the 7th richest man in South Africa, placing him as the richest Indian in the nation. The Gupta family migrated from Uttar Pradesh in India to South Africa in the early 1990s. The Guptas’ net worth combined is at $900 million.

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Author: ArtStarAcademy