Iraq ratified the free market agreement with Algeria, UAE

Iraq has ratified the two agreements it signed with Algeria and the United Arab Emirates UAE recently to eliminate customs barriers and to establish a common free market.

Worthy mentioning that Iraq's ratification comes " to expand economic integration among the Arab states and increasing brotherly ties which contribute to consolidating economic unity pillars among the Arab states."

During the visit held by the Iraqi vice- President Taha Yassin Ramadan to Algeria by the end of October, Iraq and Algeria signed an agreement to eliminate customs barriers and establish the free market.

The Iraqi minister of commerce signed with his UAE counterpart on November 2nd a similar agreement.

Worthy mentioning that since the beginning of the current year 2000, Iraq signed agreements on eliminating customs barriers with Syria, Egypt, Tunisia and Yemen. Iraq's agreements with Syria and Egypt have been materialized after ratification by the governments of the countries concerned. N.