(العربية المتوسطية اتفاقية التجارة الحرة)
The Arab Mediterranean Free trade agreement was initiated in Agadir
(Morocco) in 2001 by the 4 Arab Mediterranean countries of Jordan, Tunisia, Morocco and the Arab Republic of Egypt.
The main objective of the Arab Mediterranean Free trade agreement is to establish a free- trade area between Egypt, Morocco, Tunisia and Jordan.
The Agadir Agreement creates a free trade zone including 120 million consumers.
The objectives of the Arab Mediterranean Free trade agreement are to:
- Create of a Free trade area between the Arab Republic of Egypt -
Jordan - Morocco - Tunisia - EU
- Boost foreign trade between
the Arab Republic of Egypt - Jordan - Morocco - Tunisia and between them and the European Union
- Economic development and integration through the implementation of the Pan-Euro-Med
rules of origin.
- Attract Foreign direct investment (FDI)
The Agadir agreement, which lies within the sprit of the Barcelona process (European Union), is one of the preferential regional agreements of the Pan-Euro-Mediterranean system.
The Agadir Agreement and the Pan- Euro-Mediterranean system of cumulation of origin
In the EuroMediterranen area, the implementation of the diagonal cumulation of
origin is governed by the rule known as "variable geometry". This rule
stipulates that the economies of this area cannot cumulate the origin unless the
Free trade agreements including a Pan-Euro-Mediterranean protocol of origin are
applicable to them.
Example of the course (Agadir agreement):