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Greater Arab Free Trade Area

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The Greater Arab Free Trade Area (GAFTA) came into existence as of 1 January 2005. GAFTA is a pact made by the Arab League to achieve a complete Arab economic bloc that can compete internationally. GAFTA is relatively similar to ASEAN.

The Project was adopted in the Arab League Summit of Amman in 1997, with 17 Arab League members signing the pact, it is supervised and run by the Arab Economic Council in the Arab League. GAFTA has a high income, population, and area and has significant resources available.

Its web site appears to be non-existent. However, there is a Wikipedia entry at http://en.wikipedia.org/wiki/Greater_Arab_Free_Trade_Area


Members

  1. Bahrain
  2. Egypt
  3. Iraq
  4. Jordan
  5. Kuwait
  6. Lebanon
  7. Libya
  8. Morocco
  9. Oman
  10. Palestine
  11. Qatar
  12. Saudi Arabia
  13. Sudan
  14. Syria
  15. Tunisia
  16. United Arab Emirates
  17. Yemen


Possible future members

  1. Comoros
  2. Djibouti
  3. Mauritania
  4. Somalia
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