The Council of Arab Economic Unity (CAEU) was established by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on 3 June 1957. It became effective 30 May 1964, with the ultimate goal of achieving complete economic unity among its member states.
Read more about Council Of Arab Economic Unity: Objectives, Agadir Agreement, Greater Arab Free Trade Area
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