4. Prefential Trading
Area
Free Trade Area
Custom Union
Single Integrated
Market (common
market)
Economic and
Monetary Union
LEVEL OF
ECONOMIC
INTEGRATION
8. Council of Arab Economic Unity
The Council of Arab Economic Unity
agreement was established in June
1957 by a resolution of the Arab
Economic and Social Council of the
Arab League.
The Council's objective is to achieve
economic integration among Arab
countries with the view of establishing an
Arab Common Market.
9. Countries of The Council of Arab Economic Unity:
1. Jordan 7. Somalia
2. Egypt 8. Iraq
3. Sudan 9. Tunisia
4. Yemen 10. Syria
5. Mauritania 11. Emirates
6. Palestine 12. Libya
13.Kuwait
10. 1. Jordan 7. Morocco 13. Kuwait
2. United Arab Emirates 8. Syria 14. Tunis
3. Bahrain 9. Lebanon 15. Libya
4. Saudi Arabia 10. Iraq 16. Sudan
5. Oman 11. Egypt 17. Yemen
6. Qatar 12. Palestine
GAFTA was declared within the Social and
Economic Council of the Arab League as an
executive program to activate the Trade Facilitation
and Development Agreement that has been in force
since January 1st, 1998. The GAFTA includes in its
membership 17 Arab countries:
Greater Arab Free Trade Area
(GAFTA)
11. GAFTA is one of the most important economic
achievements in the area of Arab common work.
It contributes to efforts towards establishing the Arab
Common Market. .
The formation of GAFTA followed the adoption of the
"Agreement to Facilitate and Develop Trade Among
Arab Countries" (1981) by the Arab
League's Economic and Social Council (ESC) and the
approval by seventeen Arab League member-states
at a summit in Amman, Jordan of the "Greater Arab
Free Trade Area Agreement" (1997).
In 2009, Algeria joined GAFTA as the eighteenth
member-state. GAFTA is supervised and run by the
ESC.[6]
12. 1. Saudi Arabia 7. Lebanon
2. Egypt 8. Morocco
3. Sudan 9. Tunisia
4. Oman 10. Lybia
5. Bahrain 11. Syria
6. Kuwait
12. United Arab Emirates
(certification fees were cancelled but
authentication is still required)
Arab countries that do not require
authentication of certificates of origin and
accompanying documents by embassies
and consulates :