Archive for May, 2013
The 18 countries of Greater Arab Free Trade Area (GAFTA) hope to unified their customs by 2015 in a full free trade agreement. The Greater Arab Free Trade Area (GAFTA) is a pan-Arab free trade area that came into existence in 1997. It was founded by 14 countries (Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, and the United Arab Emirates). Four more countries joined the trade area later: Algeria, Jordan, Palestine and Yemen. Please follow the link for more.
* WTO – New Trade Monitoring Database The World Trade Organization (WTO) has launched new trade monitoring database provides detailed information on trade measures implemented by WTO members and observers. Read more following the link. ——————————————————————————————————————————————–— * UAE Rejoined WTO The United Arab Emirates (UAE) has rejoined the United Nations World Tourism Organization (UNWTO) after 26 years of having left the entity Check here.
* SESAR – Single European Sky European Commission adopted a regulation establishing governance and incentive mechanisms to facilitate the effective and timely deployment of SESAR. SESAR is the EU’s project that aims at modernising the Air Traffic Management (ATM) system. Please read more here and here. You can find more about SESAR here. ——————————————————————————————————————————————–— * International Code of Direct Selling ICC released the revised International Code of Direct Selling which was developed in close co-operation with the World Federation of Direct Selling Associations (WFDSA). Follow the link for more. ——————————————————————————————————————————————–— * WTO Agreement on Government Procurement (GPA) Liechtenstein became the first WTO member to ratify the amended version of the WTO Agreement on Government Procurement (GPA). Read more here.