Union of Arab Republics (1972) already announced to merge bilaterally in a closer union (also called "United Arab Republic") within the federation. Although further discussions were not held, in January 1973 the Iraqi regime assured Egypt and Syria its full military and economical support in case of a new war against Israel. Iraq's offer to create a Joint Military Command was rejected however. Union of Arab Republics (1972) In March 1972 Ba'athist Iraq proposed Egypt and Syria to re-establish the United Arab Republic which dissolved in 1971. The Iraqi proposal was an immediate reaction to Jordan's proposal for a United Arab Kingdom but collided with
United States and the United Nations that was stable and predictable.” Over subsequent decades, this new system opened world markets and promoted a liberal economy. It was implemented through different institutions, such as the World Bank and the International Monetary Fund, which went on to work with the United Nations but remained independent from it. The United Nations officially came into existence on October 24, 1945, when the Charter was ratified by the Republic of China, France, the Soviet Union, the United Kingdom, the United States as well as a majority of other signatories. The United Nations was the first international governmental organization to receive significant