bilaterals.org logo
bilaterals.org logo

GCC

Gulf Cooperation Council


Gulf Cooperation Council to launch common market in January 2008
Leaders of the six-member Gulf Cooperation Council (GCC) yesterday announced their plan to launch a common market in January 2008 and a currency union by 2010 in addition to maintaining their currencies’ peg to the US dollar.
EU, GCC fail to end free trade obstacles
The Gulf Cooperation Council and 25-member European Union failed on Sunday to overcome obstacles to a free trade agreement that has eluded them for nearly 20 years, the Qatari finance minister said.
Korea-GCC FTA preliminary talks to be held
Korea-GCC FTA preliminary talks will be held on November 21 at Riyadh with a view to initiating FTA negotiations in 2008.
UAE still keen on Gulf-EU free trade agreement
The delay in signing the EU-GCC FTA has resulted in a chain reaction as the European Union will now apply new standards in negotiating trade agreements, according to Sweden’s minister of "free" trade
Iran says free trade pact with GCC to benefit region
A proposed free trade agreement (FTA) between Iran and the six Gulf states would help boost the regional economy, Iran’s ambassador to the UAE said yesterday.
GCC, Seoul set to start FTA talks
As part of an ambitious plan to widen economic cooperation, the six-nation Gulf Cooperation Council and South Korea are all set to start negotiations after Ramadan to implement a free trade agreement
Middle East: Bridging the Shia-Sunni divide with free trade
While Iran and the United States exchange aggressive statements, the Arab countries of the Gulf Cooperation Council (GCC) have been busy building trade relations with Tehran and charting an economic course with a potential of mending ties in a tough neighbourhood.
Iran ready for FTA talks with PGCC
Tehran is ready to hold talks with the Persian Gulf Cooperation Council on a free trade pact.
No headway in GCC-India FTA
The much-awaited Free Trade Agreement between India and GCC appears to have hit yet another roadblock with the Indian Revenue Department opposing the inclusion of crude oil in the pact.
GCC is fast becoming a regional trading bloc due to recent FTA talks
The six-nation GCC (Gulf Cooperation Council) is fast becoming a regional trading bloc as more countries now want to forge free trade agreements (FTA) with it following its trade negotiations with China and India.
UK exporters losing out over EU’s protracted Free Trade Agreements with Gulf nations
UK businesses are increasingly likely to lose out to the US on valuable Gulf export opportunities because it is taking so long for the EU to negotiate a Free Trade Agreement (FTA) with the region’s key states, says Trowers & Hamlins, the international law firm.
New Zealand, Gulf states open free trade deal talks
A first round of talks for a free trade agreement between New Zealand and the six-nation Gulf Cooperation Council opened Wednesday in the New Zealand capital, Trade Minister Phil Goff said.
GCC-India FTA to be a reality soon
"Negotiations will be completed by the yearend and the signing of the final agreement could be sometime early next year," the Indian Ambassador to Bahrain says.
Iran mulling FTA with PGCC
Iran is planning to sign a free or preferential trade agreement with the member states of the Persian Gulf Cooperation Council.
Wary of GCC FTA, oilmin blocks duty cuts in Korea pact
Call it the GCC effect. Apprehending stiff competition for the domestic petroleum industry - which has significant public sector presence - once India signs a free trade agreement with the Gulf Co-operation Council (GCC), the petroleum ministry has opposed inclusion of tariff cuts on petro products in the comprehensive economic partnership agreement (CEPA) being negotiated with South Korea.
Shaukat for early signing of FTA with GCC
Prime Minister Shaukat Aziz has emphasised the need to expedite the process of signing a free trade agreement (FTA) between Pakistan and the Gulf Cooperation Council (GCC), saying that the attractive demographics of Pakistan have created growing economic opportunities.
Singapore leaders, GCC Secretary General discuss free trade agreement
The visiting Secretary General of the Gulf Cooperation Council, Mr Abdulrahman Hamad Al-Attiyah, met Singapore Prime Minister Lee Hsien Loong on Friday.
Trade talks setback
Ministers from India and Oman offered different views on the progress of free-trade talks between India and Gulf countries, although both officials yesterday said a deal was achievable.
‘Speed up FTA talks with GCC countries’
Serious differences surfaced between commerce minister Kamal Nath and Oman commerce minister Maqbool Ali Sultan on Tuesday over the free trade agreement (FTA) between India and GCC countries.
Oman disappointed with pace of Indo-GCC FTA talks
Oman today expressed disappointment with the slow pace of talks on Free Trade Agreement between India and the Gulf Cooperative Council and asked officials of both sides to take it up on priority.