Found In 1979 under the name of the arab american trading and advisory committee, ACT adopted its current name and staus in 1994 ACT is an American not - for - profit corporation which has developed into an international orgenaisation comprised of members from throughout the world in general and from the united states and the Middle east particulary. The Arab American Council of Trade's primary goal is to assist companies and individuals to increase and develop their international trade and commerce with the United States.