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Organization of Arab Petroleum Exporting Countries (OAPEC)

  • Barry Turner
Part of the The Statesman’s Yearbook book series (SYBK)

Abstract

The Organization of Arab Petroleum Exporting Countries (OAPEC) was established in 1968 to promote co-operation and close ties between member states in economic activities related to the oil industry; to determine ways of safeguarding their legitimate interests, both individual and collective, in the oil industry; to unite their efforts so as to ensure the flow of oil to consumer markets on equitable and reasonable terms; and to create a favourable climate for the investment of capital and expertise in their petroleum industries.

Keywords

Saudi Arabia Legitimate Interest Debt Relief Free Trade Zone Arab State 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2004

Authors and Affiliations

  • Barry Turner

There are no affiliations available

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