Council of Arab Economic Unity
Council of Arab Economic Unity | |
|---|---|
Arab League and candidate GAFTA member | |
| Administrative center | Cairo, Egypt |
| Official language | Arabic |
| Type | Trade bloc |
| Membership | 4 candidates |
| Leaders | |
• Secretary General | Mohammadi Ahmed Al-Ni |
| Establishment | 3 June 1957 |
• GAFTA signed | 1 January 1998 |
• GAFTA in force | 1 January 2005 |
| GDP (PPP) | 2019 estimate |
• Total | $7.649 trillion (4th) |
| GDP (nominal) | 2025 estimate |
• Total | $3.719 trillion (7th) |
The Council of Arab Economic Unity (CAEU) (Arabic: مجلس الوحدة الاقتصادية العربية) was established by the Arab League on May 30, 1964, following an agreement drawn up in 1957 by the League's Economic Council.