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Arab Maghreb Union

 

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The Arab Maghreb Union is a Pan-Arab trade agreement aiming for economic and political unity in North Africa created with the objective of create a common market.

The main objectives of the AMU Treaty are to strengthen all forms of ties among Member States (in order to ensure regional stability and enhance policy coordination), as well as to introduce gradually free circulation of goods, services, and factors of production among them. Common defense and non-interference in the domestic affairs of the partners are also key aspects of the Treaty.

The Treaty highlights the broad economic strategy to be followed, namely, the development of agriculture, industry, commerce, food security, and the setting up of joint projects and general economic cooperation programs. Finally, the agreement provides the possibility for other Arab and African countries to join the Union at a later stage.

Arab Maghreb Union

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ECO Web Site: http://www.maghrebarabe.org/
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