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Gulf Cooperation Council

New UK government to finalise FTA by end of 2024, says GCC secretary-general
Gulf Cooperation Council secretary-general met with UK’s new Secretary of State for Business and Trade to take forward the ongoing free-trade agreement talks.
8th Saudi-US trade and investment council meeting held in Washington
The council’s goal is to monitor trade and investment relations in order to identify opportunities for expansion, work on removing trade and investment barriers.
China eyes Bahrain for free-trade deal; visa waivers possible
China is exploring the possibility of signing a separate Free Trade Agreement (FTA) with Bahrain while continuing its efforts to finalise a comprehensive FTA with the entire Gulf Cooperation Council.
A new economic partnership is emerging between Africa and the Gulf States
The emerging economic relations between Africa and the Gulf Cooperation Council (GCC) — namely the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman — are poised for significant growth, driven by mutual interests in diversification, investment and sustainable development.
China-Gulf free trade talks stall on Saudi industrial agenda, sources say
Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that cheap Chinese imports could undermine its ambitions to transform the kingdom into an industrial powerhouse.
EU interested in UAE free trade deal as GCC talks stall
The EU would be interested in a UAE free-trade deal if talks for a GCC-wide agreement do not progress, according to a top official.
CEPA: UAE, New Zealand launch talks for a free trade deal
New Zealand and the UAE will begin negotiations over a free trade agreement, the Pacific nation’s trade minister said.
Pakistan shares FTA draft with GCC to pave way for Reko Diq accord
The caretaker government had ratified the draft of FTA, including the Bilateral Investment Treaty (BIT).
GCC, Turkey launch talks on free trade agreement
Turkey and the Gulf Cooperation Council have signed a deal to begin formal negotiations for a free trade agreement, Turkish Trade Minister Omer Bolat announced, as Ankara looks to boost economic ties in the Middle East.
UAE, Peru announce free trade talks
The UAE and Peru have announced that they will start talks for a free trade agreement later this year.
India-Oman FTA may be reality soon; legal vetting of deal’s text underway
India is keen to finalise the trade pact before the model code of conduct (MCC) kicks-in ahead of its general elections, making the timing of the finalisation of the proposed deal crucial
Islamabad accepts Riyadh-Doha term to allow international arbitration incase of dispute
Pakistan has negotiated to include a graduated approach for settlement of investment disputes between the state and investors.
Inking of CEPA with UAE likely
Pakistan and United Arab Emirates (UAE) are likely to sign Comprehensive Economic Partnership Agreement (CEPA) on the lines of FTA with GCC countries.
GCC inks free trade deal with South Korea
The GCC deepens economic ties with major Asian partners, signing its second FTA this year, highlighting commitment to investment and economic diversification.
Saudi Arabia assessing advancements in FTA to enhance trade with Pakistan: Commercial Attache
Saudi Commercial Attaché in Pakistan said the Kingdom’s officials were currently assessing advancements in the initial Free Trade Agreement.
S. Korea to hold FTA talks with GCC nations this week
South Korea plans to hold talks with the six member states of the Gulf Cooperation Council this week in Saudi Arabia in the latest effort to work out differences to forge a free trade agreement, the industry ministry said.
’GCC-China FTA soon; plans afoot to upgrade pact with Singapore’
The Gulf Co-operation Council will soon enter into free trade agreement with China and the region is in advanced stage of negotiations with South Korea; while it seeks to upgrade agreement with Singapore.
India, Oman start talks for free trade agreement: Report
India and Oman have commenced talks for a free trade agreement, according to an Indian media report.
Pakistan moves closer to signing landmark trade agreement with GCC
Pakistan and Saudi Arabia have reached a consensus on the investment modalities, paving the path for the ratification of a much-awaited free trade agreement with the Gulf Cooperation Council.
Dispute settlement mechanisms: BoI asked to show ‘flexibility’
These directions were issued after threadbare discussion with Saudi Arabia and Qatar which are insisting on the option of international arbitration in a template of Bilateral Investment Treaty.