Members of the EAC meet regularly to discuss development plans. Ties have grown stronger among the group of six nations, which have abolished customs duties. They're even planning to introduce a common currency within a decade.
German exports recorded a surprise fall in October for the second straight month while imports grew, narrowing the massive trade surplus of Europe’s biggest economy. But the decline is unlikely to silence critics.
Tokyo and Brussels have agreed a free trade accord, opening up the EU to Japanese cars and Japan to European cheese. Japan's economy meanwhile has recorderd its longest uninterrupted growth since 1994.
Car sales in the European Union enjoyed their strongest October in eight years, with new car sales up by almost six percent. But poor performance in Britain and Ireland is holding the bloc back.
Fresh data is showing that rebounding exports and rising business investments were the main drivers of growth in Europe's largest economy over the summer, confirming Germany's robust expansion.
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