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Volume :28 Issue : 106 2002      Add To Cart                                                                    Download

CUSTOMS UNION BETWEEN THEORY AND PRACTICE (With special mention of the GCC experience)

Auther : By: Prof. Zakaria Abdul Hamid, and Mohamed Pasha

A customs union represents a form of economic bloc that consists of a group of neighbouring countries, which are members of an economic cooperation agreement.  The union helps member countries to deal with the rest of the world as one unified group in order to increase efficiency and strengthen its bargaining power.

The present paper tackles different aspects of customs union: the requirements – the theoretical foundations – some of the previous international experiences.  A special attention has been given to the GCC customs union and how it can benefit from the past experience of the existing economic blocs.

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