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GCC

Gulf Cooperation Council


FTA to herald new era of partnership between EU and GCC
The EU-GCC free trade agreement will open a new era of economic, trade, investment and commercial activities between the two blocs, a top French envoy in the Kingdom told Bahrain Tribune.
UAE and Japan to boost trade ties
The UAE and Japan yesterday agreed to foster their existing trade and economic relations by starting discussions on Avoidance of Double Taxation Treaty to create an enabling environment for bilateral investments.
FTAs: Much more than trade pacts
In keeping with the global trend, it is free trade agreement (FTA) talks galore in the Gulf. Apart from a deal with Lebanon, the Gulf Cooperation Council (GCC) countries are collectively and individually negotiating FTAs with the United States, European Union and India at present.
Australia to consider free trade talks
Australia will consider negotiating a free trade agreement with several Middle Eastern countries, Deputy Prime Minister Mark Vaile said Wednesday.
Gulf trade talks may widen
THE Government will look at expanding its free trade negotiations with the United Arab Emirates to take in a deal with a much wider group of Middle Eastern nations. The member states of the Gulf Co-operation Council - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE - have asked Australia to incorporate the bilateral negotiations into a wider deal.
Gulf, EU show flexibility in reaching a compromise
A free trade agreement (FTA) between the six-nation Gulf Cooperation Council (GCC) and 25-member European Union (EU) could be clinched as early as year-end as there seems to be a possibility that the two sides will relax rules related to investments and rules of origin.
EU presses for conclusion of free-trade deal with GCC
European Union trade chief Peter Mandelson called Saturday for talks in Brussels with the six-member Gulf Cooperation Council, so that a final free trade deal with the Gulf Arab bloc can be struck by year-end.
Now, FTA with Gulf runs into trouble
If it’s edible oil which is delaying India’s free trade agreement (FTA) with Asean, petrochemical products and plastics are proving to be a stumbling block for a bilateral trade pact with the six oil-rich members of the Gulf Cooperation Council (GCC).
GCC-New Zealand free trade deal likely next year
The GCC states and New Zealand are expected to sign a free trade agreement next year.
Free trade talks between GCC and Turkey to begin this year
Free Trade Agreement (FTA) talks between the GCC and Turkey will start this year, according to a senior Turkish government official.
S Korea considers FTA with Gulf countries: Roh
President Roh Moo-hyun said Saturday that the government will consider signing a free trade agreement (FTA) with the six-nation Gulf Cooperation Council (GCC).
Energy concerns fueling Japan’s drive to pursue free trade pact
Energy resource-poor Japan is turning to a free-trade agreement, or FTA, with oil and gas-rich trading partners to secure stable supplies to fuel the world’s second largest economy.
Gulf states next FTA goal
New Zealand is to forge ahead with trying to secure a free trade deal with Gulf states.
GCC-EU free trade talks in final stages
The Gulf states all set to have a common market by 2007, GCC secretary general, H E Abdul Rahman Al Attiyah, said yesterday.
US ports deal: A bitter aftertaste
As a consequence of the furore by the US congress over DP World’s acquisition of several American ports, the Dubai state-owned company decided to avert a long legal battle and agreed to put these assets up for sale.
Japan, Saudi Arabia agree to launch FTA talks with GCC
Japan and Saudi Arabia agreed Thursday to launch negotiations on concluding a free trade agreement between Japan and the Gulf Cooperation Council, which consists of six oil producers in the Middle East including Saudi Arabia, Japanese officials said.
NZ to seek FTA talks with Arab countries
New Zealand is to seek negotiations on a free trade agreement with a trade bloc of oil rich Arab nations, including Saudi Arabia.
GCC, India likely to sign FTA next year
India’s minister of commerce and industry said that GCC countries and India possibly will sign a Free Trade Agreement (FTA) by early next year.
India in center of effort for world’s largest free trade area
India is pushing ahead on negotiations for free trade agreements with a series of Asian and Middle East countries that are expected to result in the emergence of the world’s largest free trade area by population.
Free trade pact with EU near
The Gulf Cooperation Council and the European Union are close to sealing a free trade agreement after outstanding issues, including EU tariffs on exports of aluminium and petrochemicals, were resolved last week, a UAE ministry official said yesterday.