PART II
Article 4
Functions of the Agency
STRUCTURE AND ADMINISTRATION
1. The functions of the Agency shall be to do all that is necessary
or expedient for the achievement of the objectives set out in
Article 3.
Article 5
Structure of the Agency
There shall be established as organs of the Agency:
2. Without prejudice to the generality of paragraph 1, the Agency
shall be responsible for:
(a) Gathering and disseminating information, including creating
and maintaining a database and website on policies affecting
the trade and investment environment, cost of doing
business, trade procedures, investment procedures,
investment and trade opportunities and other relevant
information in Member States;
(b) Proactively promoting and facilitating investment initiatives,
policies and other issues in COMESA in conformity with the
Treaty;
(a)
The Council, which shall provide broad policy
guidelines for the development and
effective
implementation of the objectives set out in Article 3;
and
(b)
The Board, which shall be responsible for the
specific policy and direction of the Agency.
Article 6
Composition and Appointment of the Board
1.
(c) Identifying and promoting investment opportunities, with
special focus on projects with a regional dimension;
(d) Training and providing development support to NIPAs; and
The Board shall be composed of seven (7) chief executive
officers of NIPAs or experts of Member States. The SecretaryGeneral or his representative shall be an ex-officio member of
the Board.
2. Board Members shall be appointed by Council on the
recommendation of the Secretary-General on such terms and
conditions as Council may determine.
(e) Doing everything required for the fulfilment of or incidental to
the abovementioned functions.
3. The Secretary-General shall make his recommendations from a
list of chief executive officers of NIPAs or experts submitted by
Member States.
4. The persons appointed as Board Members shall be reputable, with
proven expertise and experience in the field of investment and
trade or in other fields of activities directly or indirectly related to
the activities of the Agency.
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