Course summary (AMU Arab Maghreb Union
اتحاد المغرب العرب)
The objective of the Arab Maghreb Union (UMA) is to reach economic and political unity in North Africa
and create a common market in Maghreb region. The Arab Maghreb Union (UMA)
is Pan-Arab trade agreement
Members of the Arab Maghreb Union: Algeria, Libya, Mauritania, Morocco and
Tunisia.
The main objectives of the Arab Maghreb Union are to:
- Strengthen all forms of links among Algeria, Libya, Mauritania,
Morocco and Tunisia, in order to guarantee regional stability and improve
policy coordination,
- Introduce free circulation of products, International trade of
services, and factors of production among them.
The Treaty of the Arab Maghreb Union: highlights the wide economic strategy to be
developed, especially, the development of agriculture, industry, foreign trade, food security, and the
creation of joint projects and general economic cooperation programs.
The Arab Maghreb Union provides the chance for other Arab countries
of Africa to join the Arab Maghreb Union.
The Maghreb Bank for Investment (FDI) and International Trade has been
created to work in the Arab Maghreb Union (UMA) zone. The Bank encourage
the economic integration path of the Arab Maghreb Union region by
financing agricultural and industrial
projects.
Example of the course Arab Maghreb Union:
