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Article: Maghreb-EC Free Trade Pact If Algeria & Neighbours Play Their Cards Right
- Article from:
- APS Review Downstream Trends
- Article date:
- March 16, 1992
CopyrightCOPYRIGHT 1992 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Free trade arrangements and energy integration between the European Community and the Arab Maghreb Union (AMU) would be expected if Islamic fanaticism is contained. In the first phase, negotiations beginning this year, the EC will have a transitional arrangement similar to the one it is establishing with some East European states. If AMU governments upgrade their systems and politico- economic pluralism proves viable, there would be closer partnership.
Now Morocco will be the starting point, where a free trade zone is to be established. EC companies investing in the zone, to be built with Community financing, will enjoy a variety of incentives including cheap gas ...