Council of Arab Economic Unity

The Council of Arab Economic Unity (CAEU) (Arabic: مجلس الوحدة الاقتصادية العربية) was founded by Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Palestine, Saudi Arabia, Sudan, Tunisia, Syria, United Arab Emirates and Yemen on May 30, 1964, following an agreement in 1957 by the Economic Council of the Arab League.[1]

Council of Arab Economic Unity
Flag
  Arab League and GAFTA member
  Arab League and candidate GAFTA member
Administrative center Cairo, Egypt
Official languageArabic
TypeTrade bloc
Membership
4 candidates
Leaders
 Secretary General
Mohamed Ismail Al Rabea
Establishment3 June 1957
 GAFTA signed
1 January 1998
 GAFTA in force
1 January 2005
GDP (PPP)2019 estimate
 Total
$7.649 trillion (4th)
GDP (nominal)2019 estimate
 Total
$2.819 trillion (7th)