2. The objectives of the Economic Union shall be closer economic relations among Protocol Member States to facilitate —
(a) the creation of a single financial and economic space comprising Protocol Member States;
(b) economic and social progress and cohesion which are balanced and sustainable;
(c) harmonious development of economic activities through inter-sectoral linkages within and between Protocol Member States;
(d) continuous economic growth and expansion through the optimal utilisation of domestic and Economic-Union-wide resources;
(e) fair distribution of benefits throughout the Protocol Member States;
(f) accelerated improvement in the standard of living and reduction of poverty;
(g) increased levels of economic and social stability; and
(h) economic growth, development and international competitiveness by the convergence and co-ordination of the economic policies of Protocol Member States.