Tayseer Agreement

Estimation of the results of commercial profits. The results of empirical data on the extension effects of tariff reductions are summarized in Table 16. They are classified under two duty cuts: 50% and 100%. An agreement that includes tariffs reduced to 100% on imports of manufactured goods from the united World could increase domestic trade by $400 million to $500 million a year. These likely increases represent 1% of total Arab non-oil exports each year, or 9% of intra-Arab non-oil exports. In the case of 50 per cent concession duties on intra-Enerarian imports, the likely intra-ceramic trade expansion could reach about $200 million, or 1/2 per cent of all Arab non-oil exports or 4.5 per cent of intra-Arab non-oil exports per year. With regard to the level of tariff reduction rates, the magnitude of their depth also has an impact on a possible expansion of trade. As shown in Table 16, reductions of 100% result in a potential increase in intra-Arab trade of more than 50%. This result confirms the benefits of full liberalization of intra-Arab trade in manufactured goods, as opposed to partial tariff concessions. Although it is practically difficult to reach a comprehensive agreement on tariff exemption for producers, a general tariff reduction formula, based on tariffs and non-tariff shirts, will lead to a further expansion of intra-Arab trade with provisions such as duty-free re-entry of domestically produced goods that have been processed at another Arab site.

In this regard, the clothing industry can be an important example. Although the above-mentioned multilateral trade agreements have generally not resulted in the expected liberalization of intra-Arab trade, they have justified a positive attitude towards Arab economic integration. Section II will continue to examine the impact of Arab multilateral trade agreements by examining changes in trade patterns, both at the regional and subregional levels. The study of the different forms and mechanisms of Arab cooperation to achieve economic integration is not a new undertaking, but a continuation of the awareness of the concerns and problems of the Arab nation and an attempt to find ways conducive to its growth and integration. The first physical manifestation of this consciousness was the creation of the League of Arab States in 1945. Subsequently, it was reflected in a series of bilateral and multilateral agreements and arrangements, including – on the economic side – the ratification of the Agreement Facilitating Trade and the organization of transit trade between certain Arab countries in 1953, the Arab Economic Unity Agreement of 1957, the decision to create the Arab Common Market in 1964. the ratification in 1981 of an agreement to facilitate and develop trade between Arab countries and the establishment of three Arab Economic Cooperation Councils for the period 1981-89. . .