Editing Economic and monetary union (section)

== List of economic and monetary unions ==
<!-- listed below are 'economic and monetary unions' only – see respective articles for lists of customs unions; monetary unions; common markets; economic unions; customs and monetary unions -->
* [[Economic and Monetary Union of the European Union]] (EMU) (1999/2002) with the [[Euro]] for the [[Eurozone]] members
* ''de facto'' the sovereign states in the [[Organisation of Eastern Caribbean States|OECS]] [[Eastern Caribbean Currency Union]] with the [[East Caribbean dollar]] in the [[CARICOM Single Market and Economy|CSME]] (2006)<ref>The states participating in both initiatives are [[Antigua and Barbuda]], [[Dominica]], [[Grenada]], [[Saint Kitts and Nevis]], [[Saint Lucia]], [[Saint Vincent and the Grenadines]].</ref>
* ''de facto'' [[Liechtenstein–Switzerland relations#Cooperation|Switzerland–Liechtenstein]]<ref>[[Single market]] through participation in the [[internal market of the European Union]], [[customs union]] since 1924, informal [[currency union]] since 1920.</ref>

===Proposed===
{| class="wikitable sortable"
|-
! Community
! Currency
! Region
! Target date
! width=30%| Notes
|-
|[[Economic and Monetary Community of Central Africa]] (CEMAC)
|[[Central African CFA franc]]
|Africa <!--{{flag|Cameroon}}<br />{{flag|Central African Republic}}<br />{{flag|Chad}}<br />{{flag|Republic of the Congo}}<br />{{flag|Equatorial Guinea}}<br />{{flag|Gabon}}-->
|
|Not yet functioning [[common market]]
|-
|[[West African Economic and Monetary Union]] (UEMOA)
|[[West African CFA franc]]
|Africa <!--{{flag|Benin}}<br />{{flag|Burkina Faso}}<br />{{flag|Côte d'Ivoire}}<br />{{flag|Guinea-Bissau}}<br />{{flag|Mali}}<br />{{flag|Niger}}<br />{{flag|Senegal}}<br />{{flag|Togo}}-->
|
|Not yet functioning [[common market]]
|-
| [[Cooperation Council for the Arab States of the Gulf|Gulf Cooperation Council]] (GCC)
| [[Khaleeji (currency)|Khaleeji]]
| Middle East<!---these are broad regions to help the sort function-->
| 
| Possibly gold backed, but postponed due to the [[2008 financial crisis]].
|-
| [[East African Community]] (EAC)
| [[East African shilling]]
| Africa<!---these are broad regions to help the sort function-->
| 2015
| To be used by the future [[East African Federation]]
|-
| [[Caribbean Single Market and Economy]] (as part of the [[CARICOM]])
|
| Latin America<br />/Caribbean<!---these are broad regions to help the sort function-->
| 2015
| To supplement the [[Organisation of Eastern Caribbean States|OECS]] [[Eastern Caribbean Currency Union]]
|-
| [[Southern African Customs Union]] (SACU)
| [[South African Rand]]
| Africa<!---these are broad regions to help the sort function-->
| 2015
| ''de facto'' for the [[Common Monetary Area|CMA]] member when the [[Southern African Development Community|SADC]] [[economic union]] is established
|-
| [[Southern African Development Community]] (SADC)
| [[South African Rand]]<br />(interim proposal)
| Africa<!---these are broad regions to help the sort function-->
| 2016
| To supplement or succeed the [[Common Monetary Area|CMA]] and [[Southern Africa Customs Union]]
|-
| [[South Asian Association for Regional Cooperation]]
|
| South Asia<!---these are broad regions to help the sort function-->
| 2016{{Citation needed|date=August 2010}}
|
|-
| [[Union of South American Nations]] (UNASUR)
| Latino<ref>Proposed by Ecuador's President Rafael Correa on December 15, 2007</ref>
| Latin America<br />/Caribbean<!---these are broad regions to help the sort function-->
| 2019
|
|-
| [[Economic Community of Central African States]] (ECCAS)
|
| Africa
|
| To supplement the [[Economic and Monetary Community of Central Africa]] (CEMAC)
|-
| [[Economic Community of West African States]] (ECOWAS)
|
| Africa
| 2020
| To succeed [[West African Economic and Monetary Union|UEMOA]] and [[West African Monetary Zone|WAMZ]]
|-
| [[African Economic Community]]
| 
| Africa<!---these are broad regions to help the sort function-->
| 2028
| See [[African Monetary Union]]
|-
| [[Union State]] of [[Russia]] and [[Belarus]]
| [[Russian ruble]]
| Europe
|
|
|-
| [[Arab League]]
| [[Dinar|Arab Dinar]]
| Arab states
|
| Arab Dinar has been proposed ever since the creation of the [[Arab Monetary Fund]], expected for serious plans of doing so, after the creation of the proposed [[Arab Union]].
|-
| [[Eurasian Economic Union]]
| [[Altyn]]
| Eurasia
| 2025
| Kazakhstani President [[Nursultan Nazarbayev]] had first proposed, in 2009, the creation of a common noncash currency called "yevraz" for the Eurasian Economic Community. It would have reportedly helped insulate the countries from the global economic crisis.<ref>{{cite web|url=http://www.themoscowtimes.com/news/article/kazakhstan-suggests-a-new-currency/375212.html|title=Kazakhstan Suggests a New Currency - News|work=The Moscow Times|date=12 March 2009 |access-date=4 June 2015}}</ref> In 2012, the idea of the new joint currency found support from Vladimir Putin and Dmitry Medvedev and by 2014 proposals were drafted in Eurasian Commission documents for the establishment of a Eurasian Central Bank and a common currency to be called the [[altyn]] which is to be introduced by 2025.<ref>{{cite web|title=Russia, Kazakhstan and Belarus to have new joint currency|date=10 April 2014|url=http://english.pravda.ru/russia/economics/10-04-2014/127325-russia_kazakhstan_belarus_new_currency-0/|access-date=8 July 2014}}</ref>
|}

===Previous EMUs===
{{world economic integration}}
* Monetary union of the [[Belgium–Luxembourg Economic Union]] (1922–2002), superseded by the [[Economic and Monetary Union of the European Union|European EMU.]]