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GCC

Gulf Cooperation Council


GCC-EU free trade talks make progress on issues
The European Union and the GCC wound up talks on a long stalled free trade deal yesterday without agreement on opening up the region’s lucrative services sector.
Singhing in a new free trade zone
Move over World Trade Organization (WTO), regional trade arrangements are here to rule.
EU-GCC free trade talks today
The European Union and the oil-rich Gulf Cooperation Council will meet this week to discuss a long-stalled free trade deal, officials said yesterday.
Pakistan to sign FTA with GCC soon
Pakistan will soon sign free trade agreement with the member countries of the Gulf Cooperation Council (GCC), a senior official at the ministry of commerce told the Daily Times on Monday.
First round of AGCC free-trade talks with India, Pakistan to begin by mid-November
The first round of free trade negotiations between the Gulf Cooperation Council and India and Pakistan will commence by the middle of November 2005.
One step closer
Oman came to the closing stages of its Free Trade Agreement (FTA) negotiations with the US on October 3, after talks on the final details closed successfully. Omani and US officials say the final signing should now take place early in 2006.
GCC-EU very close to striking free trade agreement — diplomatic source
The Gulf Cooperation Council and the European Union are very close to striking a free trade agreement as coordination on this issue is in its final stages, an informed diplomatic source close to the process told Kuwait News Agency.
Nippon Keidanren seeks FTA with 6 Persian Gulf countries
The Japan Business Federation, the nation’s biggest business lobby, urged the government on Tuesday to start negotiations at an early date on concluding a free trade agreement with the Gulf Cooperation Council, which consists of six oil producers.
Key Gulf-India Inc meeting in Jan
The second meeting of the Gulf Cooperation Council (GCC) and Indian businessmen will be held from January 28-29 next year in Muscat, Oman.
Gulf states and EU set to hold FTA talks in New York
GCC and EU foreign ministers will hold crucial talks in New York next month to remove obstacles hindering a free-trade agreement between the two groups.
India adopts ’Look West’ Asia policy
On the lines of its successful "Look East" policy to promote trade and investment with its Asian neighbours, India aims to adopt a similar policy for West Asia, an external affairs ministry official said here Tuesday.
Green light for talks on GCC-India FTA
India will begin negotiations with the GCC as a single bloc as well as with individual member countries of the GCC for a comprehensive economic cooperation agreement, covering the service sector and investment, along the lines of the pact signed between India and Singapore recently.
India keen on building strong ties wth Gulf states
"We are looking at something more than FTAs. We would like to sign CECAs with the Gulf states. They are an important area of foreign policy," the Indian Prime Minister Office sources said.
GCC banking sector liberalisation: FTA impact
Recently, Free Trade Agreements (FTAs) negotiations are being held between the GCC countries and the USA. Being crucial sectors in these countries’ economies, the banking and financial sectors are being considered for liberalisation in the context of these FTAs.
India to explore FTA with AGCC
India will explore a free trade agreement with the Gulf Cooperation Council (GCC) and explore opportunities with individual countries in the Arab world for greater cooperation in the services sector.
GCC-EU Free Trade Agreement: a political imperative
The way to counter the momentum of the US bilateral push would be to quickly bring to conclusion the deal between the GCC and the EU and through such a mechanism reinvigorate the multilateral approach to regional relations.
Wisdom ultimately prevails on Gulf states’ FTAs with US
The wise decision adopted by the GCC Finance and Economy Ministers to exclude the Free Trade Agreements (FTA) signed or expected to be signed with the United States from the Gulf agreement concerning unified customs tariffs is considered a prudent decision that serves the interest of enhancing Gulf economic co-operation and integration.
UAE rejects GCC pact on free trade deals: Official
Gulf Arab efforts to defend a customs union suffered a setback after the United Arab Emirates refused to sign an accord barring bilateral trade deals except with the United States, Gulf sources said yesterday.
Atiyya: FTA agreements with the US will not hinder GCC march
The Secretary General of the Gulf Cooperation Council, Abdul Rahman bin Hamad Al Atiyya, has said that the next GCC summit in Abu Dhabi would boost the GCC march and joint economic work, particularly in the area of ensuring the implementation of the customs union and expediting steps towards the implementation of a Gulf Common Market.
Gulf Arab states exclude US from collective trade agreements
Gulf Cooperation Council (GCC) states have agreed to exclude the United States from collective trade agreements, allowing members to strike bilateral free trade deals with Washington, the Kuwaiti foreign minister said.