Iraq debates exit from 1963 Arab Economic Unity Pact ...Kuwait

News by : (The New Arab) -
Iraq's parliament on Sunday conducted the first reading of a draft law proposing the cancellation of the 1963 Economic Unity Agreement among Arab League member states. The draft law, presented by the Foreign Relations Committee, to reconsider Iraq's commitments to regional economic integration and reflects the country's current economic priorities and needs. The 1963 Economic Unity Agreement was established to promote economic cooperation and integration among Arab nations, aiming to create a unified economic space.  The agreement, signed in Cairo by the Iraqi government alongside other Arab states, including Jordan, Tunisia, Sudan, Saudi Arabia, Syria, the United Arab

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