Council of Arab Economic Unity

Council of Arab Economic Unity
Arab League and GAFTA member   Arab League and candidate GAFTA member
Administrative center	Cairo, Egypt
Official language	Arabic
Type	Trade bloc
Membership	18 members  Algeria  Bahrain  Egypt  Iraq  Jordan  Kuwait  Lebanon  Libya  Morocco  Oman  Palestine  Qatar  Saudi Arabia  Sudan  Syria  Tunisia  United Arab Emirates  Yemen 4 candidates  Comoros  Djibouti  Mauritania  Somalia
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)	2019 estimate
• Total	$2.819 trillion (7th)

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]