Afro-Arab Cooperation

Syllabus of the Subject: Africa-Arab Summit. Afro-Arab Development Forum.

1. Introduction to the Afro-Arab Cooperation
2. Afro-Arab Development Forum
3. Third Africa Arab Summit
4. Afro-Arab Preferential Trade Area
5. Bodies of the Afro-Arab Cooperation
6. Afro-Arab Institute for Culture and Strategic Studies
7. Introduction to the Arab Bank for Economic Development in Africa (BADEA)

The objectives of the subject “Afro-Arab Cooperation” are to:

1. Understand the aims of the Afro-Arab Cooperation
2. Explore the areas of cooperation between Africa and the Arab countries
3. Analyse the economic relations between the African and Arab countries
4. Understand the role of the Arab Bank for Economic Development in Africa (BADEA)
5. Know the BADEA Export Financing Scheme
6. Understand the concept of “Afro-Arab Preferential Trade Area.”

1. Islamic Chamber of Commerce and Industry
2. Islamic Centre for the Development of Trade
3. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)
4. Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
5. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

Sample of the subject - Afro-Arab Economic Cooperation

Opening of the Hispano-African University of International Business

Description of the Subject (Online Learning): Afro-Arab Economic Cooperation

The cooperation between the African Countries and Arab World is based on the deep historical relations covering human, cultural, scientific, and economic topics.

In the Third Africa-Arab Countries Summit was agreed to develop the “Afro-Arab Preferential Trade Area.”

1. The first Arab-Africa Summit took place in 1977 in Cairo (Egypt). In the summit the leaders agree with the creation of some organisations (by ex. the Arab Bank for Economic Development in Africa - BADEA or the Afro-Arab Institute for Culture and Strategic Studies), to improve the relationships between the African and Arab countries
2. In 2010, took place the Second Afro-Arab Summit in Libya, the Ministers defined the Arab-African Strategic Partnership Framework (“Partnership in Development and Investment”)
3. The Third Afro-Arab Summit took place in 2013 (Kuwait)

The main objectives of the Afro-Arab Development Forum are:

1. To promote the brotherhood between the Arab and African Countries
2. To investigate the challenges for both regions
3. To encourage the economic integration between the Arab and African Countries and promotion of Joint Ventures

In the Declaration and Programme of Action on Afro-Arab Cooperation were defined several bodies:

1. Standing Commission (24 Ministers)
2. Working groups (trade, mining, industry, agriculture, energy, transport)
3. Coordinating Committee
4. Court of Commission and Arbitration

In the last submit was adopted the “Trade and Investment Facilitation and Guarantee Mechanism.”

In 2002, the Arab League and the African Union founded the “Afro-Arab Institute for Culture and Strategic Studies” with the objective of enhancing the cultural relations. The headquarters of the Institute are in Mali (Bamako).

Related topics:

1. Summit of the South American-Arab Countries
2. Asia-Middle East Dialogue
3. Arab Mediterranean Free Trade Agreement
4. Africa-Turkey

The Afro-Arab Cooperation belongs to the

1. African Civilisation
2. Islamic Civilisation

Afro-Arab Institute for Culture and Strategic Studies:

(c) EENI- Business School & Hispano-African University of International Business