| |
| |
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. |
|