African Union Facilitation of financial transactions Bilateral economic treaties, protocol, and MoUs In which areas and to what extent have your country’s economic policies been harmonized with those of the RECs you have identified? QUESTION 2: Describe the operational areas of the economy that have been harmonised in line with regional economic organisations including trade, monetary and other groupings, as well as treaties dealing with economic matters among more than two countries, of which your country is a member. INDICATORS Number of protocols/agreements establishing economic harmonisation Policy, legal and monitoring instruments/documents QUESTION 3: What are the challenges facing your country in the various RECs it is a member of? How can they be addressed? Describe and assess major regional economic initiatives, treaties and other arrangements entered into by your country in terms of whether these have led to the advancement of the country’s stated policy objectives INDICATORS Progress reports on regional integration Sectoral integration analyses QUESTION 4: To what degree are informal cross-border economic transactions important to your country’s economy? Describe the incidence, manifestation and significance of unregulated and informal trade, currency use and exchanges to the livelihoods of communities involved, particularly in situations where no formal, government-to-government arrangements facilitating these exist. INDICATORS Estimates of volumes of cross-border informal trade Objective 6: Develop and implement trade and investment policies that promote economic growth 38