Arab Maghreb Union

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Arab Maghreb Union:

see under MaghrebMaghreb
or Magrib
[Arab.,=the West], Arabic term for NW Africa. It is generally applied to all of Morocco, Algeria, and Tunisia but actually pertains only to the area of the three countries between the high ranges of the Atlas Mts. and the Mediterranean Sea.
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The customs union will be completed in 2015 as a prelude to establishing an Arab common market in 2020.
The union will pave the way to set up an Arab common market in 2020.
To this end it has established the Arab Common Market, the Arab Financial Organisation and telecommunication and postal unions.
Apart from the full implementation of the Gulf Arab Free Trade Zone (GAFTZ), the strategy also aims at establishing the Arab Union by 2015, and then the Arab Common Market in 2020.
Ahmed Jeweily, secretary general of the Arab Economic Unity Council, also supported the establishment of an Arab common market.
After setting up the customs union, he pointed out, the Arab League will take required steps for establishing Arab common market to apply it in 2020.
Six: The Cabinet referred to the Ministerial Committee for Legal Affairs a memorandum from the Minister of State for Electricity and Water on the establishment of the Arab common market for electricity.
Shaikh Mohammed stressed the importance of joint Arab investment to implement Arab League resolutions for launching the Arab common market and clearing obstacles facing Arab economies.

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