Council Of Arab Economic Unity

Established in 1957 by the Economic Council of the Arab League, it has its headquarters at Cairo, Egypt. The first meeting of the Council was held in 1964.Its members are; Egypt, Palestine, Iraq, Somalia, Jordan, Sudan, Kuwait, Syria, Libya, United Arab Emirates, Mauritania, Yemen. It has a Council, General Secretariat and Committees The Council undertakes to co-ordinate measures leading to a customs union subject to a unified administration; conduct market and commodity studies; assist with the unification of statistical terminology and methods of data collection; conduct studies for the formation of new joint Arab companies and federations; and to formulate specific programmes for agricultural and industrial Co-ordination and for improving road and railway networks.

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