Egypt, Libya, Iraq agree to establish a free zone area

Initially, each of Egypt, Libya and Iraq have agreed to a draft project to declare the establishment of a free market between the three states in the framework of the Arab economic unity council.

Egypt's minister of planning and international cooperation Ahmad al-Darsh said in conclusion of the 72nd session of the economic unity council that there is a determination from the three states to fully and immediately resume stages of the joint Arab market signed in the framework of the council since 1971.

For its part, the council welcomed the determination of the three states to promptly implement the common Arab market in being a constructive initiative towards Arab economic integration.

The council noted that this step opens up the way before all Arab states members in the council to join this market in the future.