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Middle East Free Trade Area (other)
MEFTA may refer to: * U.S.–Middle East Free Trade Area (US-MEFTA), started in 2003 to create a U.S. Middle East Free Trade Area by 2013 * Euro-Mediterranean free trade area (EU-MEFTA), Euromed FTA, based on the Barcelona Process and European Neighbourhood Policy * Greater Arab Free Trade Area (GAFTA) in the Middle East region See also * Meftah (other) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro-Mediterranean Free Trade Area
The European Union-Mediterranean Free Trade Area (EU-MED FTA, EMFTA), also called the Euro-Mediterranean Free Trade Area or Euromed FTA, is based on the Barcelona Process and European Neighbourhood Policy (ENP). The Barcelona Process, developed after the Barcelona Conference in successive annual meetings, is a set of goals designed to lead to a free trade area in the Mediterranean Region and the Middle East by 2010. A ''Regional Convention on pan-Euro-Mediterranean preferential Rules of Origin'' was signed in June 2011 to allow identical rules of origin across the region.The convention covers the EU, the EFTA, the EU customs unions with third states (Turkey, Andorra, San Marino), the EU candidate states, the partners of the Barcelona Process and possibly at a later stage all of the European Neighbourhood Policy partners/ref> The convention was in force from May 2012 and is the last step taken in the Barcelona Process so far. History The Council of Arab Economic Unity#Agadir Ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greater Arab Free Trade Area
The Council of Arab Economic Unity (CAEU) (Arabic: ) was founded by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on May 30, 1964, following an agreement in 1957 by the Economic Council of the Arab League. Objectives According to The Economic Unity Agreement approved on June 3, 1957, the Council of Arab Economic Unity desires to "Organize and consolidate economic relations among the States of the Arab League on bases that are consistent with the natural and historical links among them; and to provide the best conditions for flourishing their economies, developing their resources and ensuring the prosperity of their countries." The bases of economic relations between states in the Council of Arab Economic Unity are outlined in Chapter 1, Articles 1 and 2 of The Economic Unity Agreement: Article 1 Article 1 delineates each member state's rights to: # Personal and capital mobility # Free exchang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |