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Agreement on Facilitating and Developing Inter-Arab Trade (Major Arab Free Trade Area)
Agreement on Facilitating and Developing Inter-Arab Trade (Major Arab Free Trade Area)
01 January 1981
Objectives of the agreement:
to liberalize trade in goods by removing or reducing tariffs and limiting the application of non-tariff measures. Entry into effect: January 1981
Advantages:
- Full exemption on all commodities, both agricultural and industrial.
- The domestic value added agreed in the rules of origin is 40% and there are preferential rules of origin for some goods agreed upon between member states.
- Most Arab countries are parties to the agreement except Somalia, Djibouti, Comoros, and Mauritania.
- Granting imports of goods between the Arab Member States the same treatment granted to national products and non-application of customs duties on them.
- Non-tariff barriers or barriers between member states shall not be applied.
Last modified date: Sunday 3 Safar 1447 corresponding 03 August 2025 12:40 PM KSA time