Native name | |
---|---|
Name | Council of Arab Economic Unity |
Linking name | Greater Arab Free Trade Area |
Image2nd flag | Flag of the Arab League.svg |
Symbol type | |
Image symbol | |
Map caption | |
Org type | Trade bloc |
Membership | |
Admin center | Cairo |
Languages type | Official language |
Languages | Arabic |
Leader title1 | |
Leader title2 | |
Established | 3 June 1957 |
Established event1 | GAFTA signed |
Established date1 | 1 January 1998 |
Established event2 | GAFTA full force |
Established date2 | 1 January 2005 |
Official website | caeu.org.eg |
Area dabodyalign | text after area_label2 (optional) |
Utc offset | |
Footnotes | |
Footnote7 | }} |
The Council of Arab Economic Unity (CAEU) was established by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Somalia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on 3 June 1957. It became effective 30 May 1964, with the ultimate goal of achieving complete economic unity among its member states.
The members participate in 96% of the total internal Arab trade, and 95% with the rest of the world by applying the following conditions:
#Instruct the inter-customs fees: #:To reduce the Customs on Arab products by 10% annually, the 14 Arab states reported their custom tariff programs to the Security Council of the Arab League to coordinate them with each others, except for Syria that is still using the Brussels tariffs system. #Applying the locality of the Arab products: #:All members have shared their standards and specifications to help their products move smoothly from one country to another. #:The League also created a project to apply the Arab Agriculture Pact: #:which is to share the standards of the agricultural sector and inject several more restrictions and specifications where all members have involved in them. #:The Arab League granted exceptions, which allow a customs rate for certain goods, to six members for several goods, however rejected requests by Morocco, Lebanon and Jordan for additional exceptions. #Private sectors: #:The League created a database and a service to inform and promote for the private's sectors benefits, and how their work would be in the GAFTA treaty is needed. #Communication: #:The Economic and Social Council in its sixty-fifth meeting agreed on pointing a base for communication to ease communication between member states, and also to work to ease communication between the Private and public sectors to apply the Greater Arab Free Trade Area between members. #Customs Duties: #:In the sixty-seventh meeting the Economic and Social Council agreed that the 40% decrease on customs on goods in the past 4 years of the GAFTA will continue and following the decisions of the Amman summit, the members will put more efforts to eliminate all customs duties on local Arab goods.
Category:Organizations established in 1964 Category:Arab League Category:Economy of the Arab League Category:Economics organizations Category:International economic organizations Category:International organizations of the Middle East Category:Trade blocs Category:Treaties concluded in 1957 Category:Treaties entered into force in 1964
ar:منطقة التجارة العربية الحرة الكبرى de:Greater Arab Free Trade Area fr:Greater Arab Free Trade Area ru:Агадирское соглашение tr:CAEUThis text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
The World News (WN) Network, has created this privacy statement in order to demonstrate our firm commitment to user privacy. The following discloses our information gathering and dissemination practices for wn.com, as well as e-mail newsletters.
We do not collect personally identifiable information about you, except when you provide it to us. For example, if you submit an inquiry to us or sign up for our newsletter, you may be asked to provide certain information such as your contact details (name, e-mail address, mailing address, etc.).
When you submit your personally identifiable information through wn.com, you are giving your consent to the collection, use and disclosure of your personal information as set forth in this Privacy Policy. If you would prefer that we not collect any personally identifiable information from you, please do not provide us with any such information. We will not sell or rent your personally identifiable information to third parties without your consent, except as otherwise disclosed in this Privacy Policy.
Except as otherwise disclosed in this Privacy Policy, we will use the information you provide us only for the purpose of responding to your inquiry or in connection with the service for which you provided such information. We may forward your contact information and inquiry to our affiliates and other divisions of our company that we feel can best address your inquiry or provide you with the requested service. We may also use the information you provide in aggregate form for internal business purposes, such as generating statistics and developing marketing plans. We may share or transfer such non-personally identifiable information with or to our affiliates, licensees, agents and partners.
We may retain other companies and individuals to perform functions on our behalf. Such third parties may be provided with access to personally identifiable information needed to perform their functions, but may not use such information for any other purpose.
In addition, we may disclose any information, including personally identifiable information, we deem necessary, in our sole discretion, to comply with any applicable law, regulation, legal proceeding or governmental request.
We do not want you to receive unwanted e-mail from us. We try to make it easy to opt-out of any service you have asked to receive. If you sign-up to our e-mail newsletters we do not sell, exchange or give your e-mail address to a third party.
E-mail addresses are collected via the wn.com web site. Users have to physically opt-in to receive the wn.com newsletter and a verification e-mail is sent. wn.com is clearly and conspicuously named at the point of
collection.If you no longer wish to receive our newsletter and promotional communications, you may opt-out of receiving them by following the instructions included in each newsletter or communication or by e-mailing us at michaelw(at)wn.com
The security of your personal information is important to us. We follow generally accepted industry standards to protect the personal information submitted to us, both during registration and once we receive it. No method of transmission over the Internet, or method of electronic storage, is 100 percent secure, however. Therefore, though we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.
If we decide to change our e-mail practices, we will post those changes to this privacy statement, the homepage, and other places we think appropriate so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it.
If we make material changes to our e-mail practices, we will notify you here, by e-mail, and by means of a notice on our home page.
The advertising banners and other forms of advertising appearing on this Web site are sometimes delivered to you, on our behalf, by a third party. In the course of serving advertisements to this site, the third party may place or recognize a unique cookie on your browser. For more information on cookies, you can visit www.cookiecentral.com.
As we continue to develop our business, we might sell certain aspects of our entities or assets. In such transactions, user information, including personally identifiable information, generally is one of the transferred business assets, and by submitting your personal information on Wn.com you agree that your data may be transferred to such parties in these circumstances.