
Arab Free Trade Area
The Arab Free Trade Area (AFTA) is an agreement among Arab countries aimed at boosting trade by reducing customs duties and other trade barriers. Established to enhance economic integration, it allows member countries to trade goods with fewer restrictions, fostering economic cooperation and growth. By promoting free trade, AFTA seeks to improve the livelihoods of people in member states, increase competitiveness, and attract foreign investment. Overall, it helps create a larger market for goods and services within the Arab region, potentially benefiting both businesses and consumers alike.