Arab Free Trade Area (AFTA)

The Arab Free Trade Area (AFTA) is an economic agreement among Arab countries to reduce or eliminate tariffs and trade barriers on goods exchanged between member states. Its goal is to promote regional economic integration, boost commerce, and attract investments by making it easier and cheaper for countries to trade with each other. Established in 1997, AFTA aims to create a unified market, strengthen economic ties, and support sustainable development within the Arab world. It encourages cooperation and helps member countries compete more effectively in global markets.