The Arab League has a long history of trying to foster trade and economic cooperation among its member states, with several initiatives taken in the 1950s and 1960s.
In 1981, an agreement to facilitate and promote inter-Arab trade was signed, but to little effect.
In February 1997, the League decided to create an Arab Free Trade Area, also known as the Greater Arab Free Trade Area or the Pan-Arab Free Trade Area, by 2008. This would be achieved through a 10% reduction in customs fees each year as well as the gradual elimination of trade barriers. Eighteen of the 22 Arab League states signed on to this agreement, which came into force on 1 January 1998.
In March 2001, it was decided to speed up the liberalisation process, and on 1 January 2005 the elimination of most tariffs among the GAFTA members was enforced.
The 17 states that are members of GAFTA are: Algeria, Bahrain, Egypt, Iraq, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, United Arab Emirates and Yemen. Others are in the process of joining.
last update: May 2012
Perú: ¡por un límite NO negociable de nuestros derechos! | 20-May-2013
Plantón contra el TPP | 20-May-2013
In whose interest is EU-India FTA being negotiated? | 16-May-2013
Colombia: Paro nacional de productores | 13-May-2013
Japanese movement against TPP growing | 10-May-2013
Traders protest against govt policies on FDI, FTA | 6-May-2013
Carta abierta al presidente Correa: No al TLC con la UE | 30-April-2013
Japan’s rice lobby visits Capitol Hill to fight free trade pact | 25-April-2013
Relase IPA Activists that demand to stop trade liberalization! | 22-April-2013
Indios rechazan la firma de un TLC con Unión Europea | 12-April-2013
L’accord entre l’Union Européenne et l’Inde menace l’accès aux traitements en Afrique du Nord et au Moyen-Orient | 12-April-2013
Join the rally to oppose EU-India FTA! | 9-April-2013