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Industrial and Trade Agreements

 
 

Agreement on the Establishment of a Free Trade Area between the Arab Mediterranean Countries
(AGADIR Agreement)

 

"Agadir Declaration" was signed by the Hashemite Kingdom of Jordan, the Tunisian Republic, the Arab Republic of Egypt, and the Kingdom of Morocco in the Moroccan city of Agadir on 5/8/2001 for the establishment of a free trade area for the Arab Mediterranean countries.

Therefore the four countries signed in Rabat on 25 February 2004 the agreement on the establishment of the Free Trade Area between the four countries. It was agreed to apply the Pan-Euromed rules of origin on the goods exchanged among themselves.

The Arab countries member of the Arab league who are members of the Pan Arab Free Trade Area and have Association or a Free Trade Area agreement with the EU can join Aghadir agreement on the acceptance of its members.

The goals of the agreement :
To establish a free trade area between the member states by 1/1/2005.

To develop economic and commercial cooperation between the member countries.

To encourage economic and industrial integration among member countries by applying cumulation rule to produce goods for export to EU as well as to their domestic markets.

 

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