Lebanon, Palestine join Agadir free trade agreement

Ahram Online , Sunday 3 Apr 2016

The Arab Mediterranean free trade agreement also groups Egypt, Jordan, Morocco and Tunisia, and allows greater access to European markets

Tarek Kabil
Trade Ministers of the member countries in Agadir agreement (Photo: Egyptian ministry of trade and industry)

Lebanon and Palestine joined Sunday the Agadir free trade agreement, giving them access to Jordanian, Egyptian, Moroccan and Tunisian markets, according to a statement issued by Egypt's ministry of industry and foreign trade.

The Arab Mediterranean free trade agreement was inked in Aghadir, Morocco  in 2001 and took effect in 2007. It allows Egypt, Jordan, Morocco and Tunisia access to each others' markets, while linking all members to European markets.

The membership of Lebanon and Palestine was approved during the third meeting for Agadir member ministers of trade on Sunday in Cairo.

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