Council Of Arab Economic Unity

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Council Of Arab Economic Unity

The CAEU has 10 members (including the Palestine Liberation Organization): Egypt , Iraq , Jordan , Kuwait , Libya , Mauritania , Somalia , Sudan , Syria , Yemen , Palestine Liberation Organization .

The objectives of the CAEU are:

To formulate regulations , legislations , and tariffs , aiming at the creation of a unified Arab custom area .

To co-ordinate foreign trade policies with a view to ensuring the co-ordination of the region's economy vis-à-vis world economy .

To co-ordinate economic development and formulate programs for the attainment of joint Arab development project .

To co-ordinate policies related to agriculture , industry , and internal trade .

To co-ordinate financial and monetary policies with the aim of achieving monetary unity .

To co-ordinate legislations for taxes and duties.

To formulate unified regulations for transport and transit in the contracting countries.

To draft common legislations on labour and social security .

To prepare a budget for the CAEU council and its affiliated bodies.

EXTERNAL LINKS

Official CAEU Website (English version)