further apply the Greater Arab Free Trade Area. Customs Duties: In the sixty-seventh meeting the Economic and Social Council agreed that a 40% decrease on customs on goods in the past 4 years of the GAFTA would continue and following the decisions at the Amman summit, the members will make efforts to eliminate all customs duties on local goods. See also African Economic Community Arab League Intergovernmental Authority on Development Arab Fund for Economic and Social Development Middle East Free Trade Area (disambiguation) Arab Monetary Fund Arab Maghreb Union Euro-Mediterranean free trade area Euro-Mediterranean Partnership European Neighbourhood Policy Third country economic relationships with the European Union Rules of Origin Market access Free-trade area Tariffs References External links http://www.amf.org.ae/ https://web.archive.org/web/20080506173842/http://www.arableagueonline.org/las/arabic/details_ar.jsp?art_id=124&level_id=110 Arab organizations Organizations established in 1964 Arab League Economy of the Arab League International economic organizations International organizations based in the Middle East Trade blocs Treaties concluded in 1957 Treaties entered into force in 1964 1964 in economics