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Topic: Council of Arab Economic Unity


  
  Council of Arab Economic Unity - Wikipedia, the free encyclopedia
The Council of Arab Economic Unity (CAEU) was established in 3 June 1957, and became effective 30 May 1964, with the ultimate goal of achieving complete economic unity among its member states.
The CAEU has 10 members (including the Palestine Liberation Organization): Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Somalia, Sudan, Syria, Yemen, Palestine Liberation Organization.
To co-ordinate economic development and formulate programs for the attainment of joint Arab development project.
en.wikipedia.org /wiki/Council_of_Arab_Economic_Unity   (203 words)

  
 Council of Arab Economic Unity   (Site not responding. Last check: 2007-10-31)
The CAEU was created in 1964 to implement the Arab Economic Unity Agreement (AEUA) form amongst the states of the Arab League in 1957.
the Arab Economic Unity Agreement (AEUA)  was ratified by 12 Countries : Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Somalia, Sudan, Syria and the two Yemenis, The CAEU functions and terms of reference are specified in the provision of this agreement.
The ultimate goal of the CAEU is to achieve complete economic unity among the member states.
www.caeu.org.eg /English/Intro   (298 words)

  
 FAO-IDB Meeting - Jeddah, 8-9 October 2003
CAEU was established by the Economic Council of the Arab League in 1957 and held its first meeting in 1964.
Economic reforms and structural adjustment programs were adopted by most of the Governments of CAEU in the 1990s to: (i) reduce the role of the state in the management of the economy and to strengthen the market-based economic system; (ii) to improve the regulatory environment for the private sector; and (iii) to reduce price distortions.
The CAEU countries have a cattle and buffalos population of 56 million head which is largely concentrated in the LDCs (especially Sudan and Somalia) and some 138 million sheep and goats of which two-thirds in the LDCs of CAEU.
www.fao.org /DOCREP/MEETING/007/AD380E/AD380E00.HTM   (4860 words)

  
 Al-Ahram Weekly | Economy | Time to integrate   (Site not responding. Last check: 2007-10-31)
He currently heads the Council for Arab Economic Unity, which, in coordination with the Arab League, is the highest autonomous body overseeing Arab economic cooperation.
We, as the Council for Arab Economic Unity, condemn the sanctions.
Arab countries are going to coordinate their stand, amongst themselves as well as with other groups, like the Asians and the Africans.
weekly.ahram.org.eg /2001/528/ec5.htm   (2569 words)

  
 Arab Economic Unity   (Site not responding. Last check: 2007-10-31)
Arab organization established in June 1957 by a resolution of the Arab Economic Council of the Arab League.
The first meeting of the council was held in 1964.
The council´s focus is regional, devoted to achieving economic integration through the framework of economic and social development.
members.aol.com /arabinfo7/arabeco.htm   (113 words)

  
 skill-link: Interest Zone
In the Arab world the rate of joblessness is related to the population increase in the region that today stands at 280 million and is one of the highest internationally, comprising 4.7 per cent of the world population.
The Council, headed by Egyptian Dr. Ahmed Goweily was created in 1964 to implement the Arab Economic Unity Agreement form amongst the states of the Arab League in 1957.
The Arab Economic Unity Agreement was ratified by 12 Countries : Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Somalia, Sudan, Syria and the two Yemens.
www.skill-link.com /docs/iz/aeu162.htm   (248 words)

  
 Arab Reform Forum   (Site not responding. Last check: 2007-10-31)
The participants stated that they are fully convinced that reform is a necessary and urgent matter, that it stems from within Arab societies and that it should address the aspirations of the people to develop a comprehensive reform project, covering political, economic, social and cultural aspects.
Furthermore, any constitutional article that contradicts the demands of genuine democracy in the Arab countries should be amended, and modern constitutions should be drafted for those countries that have not yet reached that stage of democracy, aligning the provisions of the constitutions with the objective of society in its quest for democratic evolution.
This will be done through a general Arab conference to be held annually in Alexandria or any of the Arab countries to highlight the role of the civil society in development.
www.arabreformforum.com /en/Document.html   (4632 words)

  
 The road to Arab economic integration Can we clear the hurdles?   (Site not responding. Last check: 2007-10-31)
AMMAN — Arab trade and industry ministers will ask leaders convened at the Arab summit today to endorse their proposal for the early achievement of the Arab Free Trade Area and a host of other propositions to achieve Arab economic unity.
Arab countries, he asserts, suffer high production costs, small markets (access to which is shrouded in red tape), low productivity per labour and per capital, protectionism, internal monopolies, limited available capital and limited access to capital.
In such a case, all 22 Arab states will be forced to deal with each other just as they deal with European, American or Asian countries in their trade and economic relations, with no particular advantages that are inherent in the international recognition of economic trade blocks.
www.jordanembassyus.org /03272001006.htm   (1284 words)

  
 [No title]
Further investigation revealed that the CAEU was set up in 1957 by a resolution of the Arab Economic Council, which itself is part of the League of Arab States, more commonly known as the Arab League.
The members of the Council are; Egypt, Iraq, Jordan, United Arab Emirates, Kuwait, Libya, Mauritania, Sudan, Syria, Yemen, the PLO and Somalia.
But somehow the Council continues to function despite a report in April 1999 that the people running the Council's secretariat had not been paid for the previous thirty-five months.
www.alshindagah.com /may2001/2.html   (760 words)

  
 Arab trade 'hinges on higher regional production'
An IT Federation - under the council - was formed for coordinating Arab policies in the field rather than duplicating projects as is the case with some Arab states, he said.
Gowaili warned that Arab contribution in global GDP fell from 3.2 per cent at the beginning of the 1990s to 2.71 per cent in 1997 - $559 billion out of $28.3 trillion.
Arab external trade contribution to global trade fell from 3.4 per cent in 1992 to 2.9 per cent in 1997.
www.saudia-online.com /business317.htm   (625 words)

  
 Council of Arab Economic Unity, AAAID to Establish $25 Million Trading Firm in Dubai - Zawya.com | Middle East Business ...
Calling the card the "Arab Schengen", he explained that it would facilitate the work of Arab businessmen across Arab countries and would be issued by 2006.
The CAEU was created in 1964 to implement the Arab Economic Unity Agreement (AEUA) amongst the states of the Arab League.
The CAEU has the declared goal of achieving complete economic unity among the member states.
www.zawya.com /story.cfm/sidZAWYA20051215091514   (698 words)

  
 Al-Ahram Weekly | Economy | Upholding free trade   (Site not responding. Last check: 2007-10-31)
There are about 26 Arab federations representing different economic sectors, such as insurance and pharmaceuticals, which should support trade between Arab countries and enhance the possibilities of establishing joint investment projects.
The largest bank in the Arab area, which is located in Saudi Arabia, is ranked the world's 112th, indicating the extent of the problem.
Arab free trade continues to face obstacles, manifest in the increasing instances of Arab countries requesting that they be exempted from the reduction of customs tariffs on imports coming in from other Arab countries.
weekly.ahram.org.eg /2001/519/ec7.htm   (366 words)

  
 Globalisation and Arab economic integration
In economics, scarcity of means is the central problem and we as Muslims or non-Muslims have to economize on means so that there is maximum national output from the given means and maximum total satisfaction from the given output.
Arab region, however is a region whose nations and people are linked not only by geographic proximity and history, common moral and religious standards, and generally uniform modes of life, but, as well, by tradition of trading practices.
Economic development and integration have become a necessary condition to be fulfilled to enable the Muslim or Arab peoples to secure human welfare in general and economic welfare in particular in order to achieve a good life goal with all its dimensions, the economic aspect being only one of them.
www.hf-fak.uib.no /smi/pao/zineldin.html   (7704 words)

  
 RFE/RL Iraq Report
The agreement, which was designed to "consolidate the principles of economic unity and the common Arab market," was signed in Cairo on 7 June 2000.
Several Arab foreign ministers had met earlier this month for a mini-summit to discuss the crisis in Iraq, but initially seemed unable to agree on whether an emergency summit of the 22-member state organization should meet ahead of an annual meeting scheduled for late March.
The Arab states are thus at a crossroads, seemingly unable to exert pressure on the global stage, and weary of the long-term political, economic, and social reverberations that a U.S.-led military strike against Iraq might bring.
www.globalsecurity.org /wmd/library/news/iraq/2003/8-270203.htm   (3703 words)

  
 Dar Al Hayat   (Site not responding. Last check: 2007-10-31)
The September 11 incidents led to the return of considerable Arab funds to their homelands or to neighboring countries due to fears that restrictions would be imposed or that the assets would be frozen on charges of supporting terrorism.
Despite the promising investment opportunities in the Arab countries, the return of the emigrated funds is still weak.
Therefore, attracting Arab emigrated funds to their homelands does not only depend on providing the infrastructure and tax legislation and simplifying bureaucratic measures.
english.daralhayat.com /business/06-2006/Article-20060615-d81afde9-c0a8-10ed-00c7-f1a5f721525b/story.html   (1536 words)

  
 Libya quits Arab economic unity council - Zawya.com | Middle East Business News
Libya informed the Arab League last January 30 that it would pull out from the council because of what it believed was similarities in functions between the council and the Economic and Social council of the League.
Following the withdrawal of Libya, the economic unity council is now groups Egypt, Sudan, Jordan, Somalia, Mauritania, Syria, Palestine, Iraq and Yemen.
Ahmad Juwaili, secretary general of the economic unity council brushed aside the Libyan claims.
www.zawya.com /story.cfm/sidZAWYA20060607125636   (489 words)

  
 The League of Arab States   (Site not responding. Last check: 2007-10-31)
The League of Arab States (Arab League) is a pan-Arab regional organization set up on 22 March 1945 in response to Arab aspiration for unity and independence.
One of its main institutions is the Council of Arab Economic Unity (CAEU), formed in 1957 and which began business in 1964.
The CAEU aims to integrate Arab development planning, industrial and agricultural policies encourages co-operation in marketing of Arab products, both within the Arab region and abroad.
www.clubs.privateweb.at /aacc/Arab_League.htm   (310 words)

  
 [Islam-Online- North American Affairs]
Arab sources wondered why the UAE would take such a decision at this time, when the momentum toward Arab unity is at a crossroads and facing serious problems.
However, now that the activation of the council's work and the movement of its headquarters from Amman to Cairo have taken place, the UAE sees that its relations with the GCC countries may worsen.
The main reason for this belief is the continuous quest of the economic council to lift the economic sanctions imposed on Iraq.
www.islamonline.net /iol-english/dowalia/money-23-12/money1.asp   (930 words)

  
 Middle East Economic News Report - No. 16
An economic report issued by the Arab Economic Unity Council estimates Arab external debt at $160 billion and the annual debt service at $12 billion that restricts the ability of the non-oil economies to achieve their growth targets.
Arab oil export is 20 million b/d which is 27.2% of total world oil export.
After the events of September 11, which have "subjected Arab tourists to Europe and the United States to harassment", it was necessary to put together an "Arab tourism bloc" to divert Arab tourists to Egypt which has always been in the country's interest.
www.memri.org /bin/articles.cgi?Page=subjects&Area=economic&ID=EA1601   (2976 words)

  
 Middle East Newsline -
A report by the Council of Arab Economic Unity urged Arab states to pursue development in such fields as electronics, information technology and advanced communications.
The council study urged Arab members to follow the example of Israel.
The report said the value of the Arab electronics industry was $4 billion.
www.menewsline.com /stories/2006/march/03_02_4.html   (143 words)

  
 Works of the 74th session of the Arab economic unity council at the ministerial level started today   (Site not responding. Last check: 2007-10-31)
Works of the 74th session of the Arab economic unity council at the ministerial level started today in Cairo under the chairmanship of Mauritania's minister of economic affairs Muhammad Wild Thani.
The council's secretary general Ahmad Jweili said that the council's general secretariat has prepared a special implementative protocol relating to the four- member declaration of the Arab common market in preparation to sign it by prime ministers of the signatory state.
Studies were also prepared on the foundation of inter Arab custom federation among these states in a way to hurry the building process of the common Arab market.
www.hartford-hwp.com /archives/27b/112.html   (235 words)

  
 Arab financiers call for services liberalization -DAWN - Business; November 2, 2001
They made their call at the conference of the Union of Arab Banks, in which bleak figures were released about the state of Arab economies and suffocating protectionism in the region.
According to the Arab League, Arab exports in 2000 were worth $273 billion, most of which was oil with a small share for services.
Inter-Arab trade was 10 per cent of total Arab trade and inter-Arab investment amounted to a mere $15 billion for the last 15 years, compared to an estimated $1 trillion of total Arab investments in the West.
www.dawn.com /2001/11/02/ebr11.htm   (409 words)

  
 Khaleej Times Online - Arab electronic trade likely to exceed $6b by year-end
DUBAI - The total value of the Arab electronic trade is expected to exceed $6 billion by the end of this year against $41 trillion globally, according to the Arab Economic Unity Council.
A study issued by the Arab Economic Unity Council recently estimated that the growth rate in the Arab electronic trade this year will stand at 15 per cent compared with 30 per cent world wide.
According to the Arab Economic Unity Council study, there are other obstacles resently facing the investments expansions through the Arab electronic trade such as failure in the latent law protection.
www.khaleejtimes.com /DisplayArticle.asp?xfile=data/business/2004/July/business_July427.xml§ion=business&col=   (472 words)

  
 Middle East Business and Finance News, DPM News Agency   (Site not responding. Last check: 2007-10-31)
The Cairo-based Council of Arab Economic Unity (CAEU) said in Arab exports of commodities reached $303.2 billion last year, some 4.1 per cent of the world exports, while the imports of commodities recorded $199 billion, representing 2.5 per cent of world imports.
The Arab internal trade increased from $27 billion in 1999 to $45.5 billion in 2006, representing 8.2 per cent of the total Arab foreign trade, the report said, adding it was a relatively constant percentage in the last few years.
CAEU was founded in 1964 to implement the Arabic Economic Unity Agreement among the states of the 22-member Arab League in 1957.
feeds.dubainews.net /?rid=509d99b0a88ed2b6&cat=452e5186f1a5ee58&f=1   (178 words)

  
 Arab League Page
Arab League, informal name of the League of Arab States, a voluntary association of independent countries whose peoples are mainly Arabic speaking.
The Arab League has served as a forum for member states to coordinate their policy positions and deliberate on matters of common concern, settling some Arab disputes and limiting conflicts such as the Lebanese civil wars of 1958.
The Arab League has served as a platform for the drafting and conclusion of almost all landmark documents promoting economic integration among member states, such as the creation of the Joint Arab Economic Action Charter, which set out the principles for economic activities of the league.
www.arabji.com /ArabGovt/ArabLeague.htm   (781 words)

  
 bt - Full Story   (Site not responding. Last check: 2007-10-31)
Although CAEU has finally accomplished its 30-year goal of eliminating trade barriers, the primary difficulties that have traditionally faced Arab free-trade remain, says Ahmed El-Naggar, editor of the Ahram Center for Political and Strategic Studies’ annual economic report.
Oil revenues aside, trade between Arab countries is estimated at 25% to 35% of their foreign trade values, he adds.
Mahmoud Borai, the Arab League’s public relations chief, downplays the problem, saying that even if countries have chosen to withdraw their memberships from CAEU, they are still bound by individual key free trade agreements within themselves including GAFTA.
www.businesstodayegypt.com /article.aspx?ArticleID=6264   (1334 words)

  
 Impediments to Economic Integration in Africa: The Case of COMESA
These regional blocs or economic groupings have the common goals of economic transformation and development, implicitly including eradication or reduction of poverty in the process.
In other words, economic cooperation and integration are not an end in themselves, but rather a means towards sustainable economic development.
According to the COMESA Brief of 1994, member states have recognized that unless a large enough economic space can be created to attract and give guarantees to domestic, cross-border and foreign direct investment, the transformation of these economies from extreme dependence to self-reliance cannot be realized within the foreseeable future.
www.rh.edu /academic/lsmt/jbdn/jbdnv203.htm   (3031 words)

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