Posts Tagged pan-Arab free trade area
Greater Arab Free Trade Area (GAFTA)
Posted by Bogdan Marius Beleuz in Geopolitical Issues, International Trading, Trade Agreements on May 14, 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.