Council of Arab Economic Unity - Objectives

Objectives

  • To formulate regulations, legislations, and tariffs, aiming at the creation of a unified Arab custom area.
  • To co-ordinate foreign trade policies with a view to ensuring the co-ordination of the region's economy vis-à-vis world economy.
  • To co-ordinate economic development and formulate programs for the attainment of joint Arab development project.
  • To co-ordinate policies related to agriculture, industry, and internal trade.
  • To co-ordinate financial and monetary policies with the aim of achieving monetary unity.
  • To co-ordinate legislations for taxes and duties.
  • To formulate unified regulations for transport and transit in the contracting countries.
  • To draft common legislations on labour and social security.
  • To prepare a budget for the CAEU council and its affiliated bodies.

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Famous quotes containing the word objectives:

    Along the journey we commonly forget its goal. Almost every vocation is chosen and entered upon as a means to a purpose but is ultimately continued as a final purpose in itself. Forgetting our objectives is the most frequent stupidity in which we indulge ourselves.
    Friedrich Nietzsche (1844–1900)