Objective No. 2 of the Treaty establishing the EAC provides that, “the Partner States undertake to establish among themselves and in accordance with the provisions of this Treaty, a Customs Union, a Common Market, subsequently a Monetary Union and ultimately a Political Federation in order to strengthen and regulate the industrial, commercial, infrastructural, cultural, social, political, and other relations of the Partner States to the end that there shall be accelerated harmonious and balanced development and sustained expansion of economic activities, the benefit of which shall be equitably shared”