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The Charter Of The East African Development Bank

Whereas the Government of the United Republic of Tanzania, the Sovereign State of Uganda and the Republic of Kenya have in Article 21 of the Treaty for East African Co-operation, of 6 June 1967 agreed to establish a Development Bank to be known as the East African Develop­ment Bank;

Whereas the said Governments have agreed in Article 22 of the Treaty that the Charter of the East African Development Bank shall be set out in an Annex to the Treaty.

Whereas the said Governments, by virtue of a Treaty amending and re-enacting the Charter of the East African Development Bank signed by them on 23.7.1980, have decided to confer legal force and existence on the Charter independent of the Treaty for East African Co-operation and to amend the Charter to make possible a wider membership of the Bank, to emphasize its consulting and promotion functions, and for other purposes;

And Whereas the said Governments share a common desire to promote the equitable distribution of benefits available from the East African Development Bank among Member States; Now Therefore it is agreed that the East African Development Bank (hereinafter referred to as "the Bank") be established and operate in accordance with the following provisions: 

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