Greater Arab Free Trade Agreement
(GAFTA)
|
The agreement entered into force in 1998 and reached full tariff-duty exemption in 2005 among the parties to the agreement.
|
The agreement is under the auspices of the Arab League and includes abolishing tariff duties among members since 2005. Rules of origin for benefiting from tariff exemption is 40%.
|
Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon,
Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia,
Sudan,Syria, Tunisia, Yemen, Algeria,
United Arab Emirates.
|