Economic Community of West African States

Definition

ECOWAS is a regional political and economic union of fifteen countries located in West Africa. Its main goal is to promote economic integration across its member states to improve their economic stability and development.

Related terms

Regional Integration:

The process by which neighboring countries agree to remove trade barriers and cooperate more closely with each other.

Supranational Organization: An entity formed by three or more states to promote shared objectives and governance above the national level.

Economic Development: The process by which a nation improves the economic, political, and social well-being of its people