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GCC

Gulf Cooperation Council

Traders eye key trade talks that may boost Mideast oil to Korea
21-Jan-2022 Bloomberg
Oil traders are turning their focus to a potential trade agreement between South Korea and some major Persian Gulf producers that may reduce prices of Middle Eastern crude in the months to come.
Korea, GCC to resume free trade talks after 12-year hiatus
19-Jan-2022 The Korea Times
A potential free trade agreement between the two sides will increase mutual benefits in the fields of goods, service, investment, intellectual property and energy, said Korean President.
China and Gulf states pledge to ’inject new impetus’ into talks on free trade agreement
17-Jan-2022 Middle East Eye
Beijing and Gulf states say they are committed to reviving long-dormant talks aimed at reaching a free trade agreement, as they look to strengthen ties and deepen economic cooperation in the face of strained relations with the West.
Oman and Britain sign investment partnership as trade deal with GCC nears
12-Jan-2022 The National
Oman is keen to support the ambitions of British investors looking to inject capital in the country in sectors as varied as clean energy, mining, manufacturing, logistics, tourism and fisheries.
Gulf ministers visit China amid energy fears
10-Jan-2022 Times of India
The visit may "make breakthroughs" in talks over a China-GCC free-trade agreement.
Pakistan and GCC finalise strategic dialogue to boost trade ties
7-Jan-2022 Gulf News
Pakistan’s Foreign Minister and GCC Secretary-General reviewed the latest developments and progress on the free trade agreement
Britain and GCC agree to ’work rapidly’ towards free trade deal
21-Dec-2021 The National
Britain and the Gulf states have agreed to an “ambitious strategic partnership” after issuing a detailed joint communique.
FTA talks with Canada next year; GCC wants trade pact with India: Piyush Goyal
20-Dec-2021 The Economic Times
India will launch talks for a free trade agreement with Canada next March or April and that all countries of the Gulf Cooperation Council have approached New Delhi to begin negotiations.
Less than a third of UK public would support a Saudi Arabia trade deal
21-Oct-2021 The Guardian
Government data, released after pressure from Labour, shows just 27% would be in favour of such a deal as Liz Truss visits Gulf state.
UK, Gulf nations negotiate free trade deal
11-Oct-2021 The Express Tribune
Britain wants comprehensive agreement that breaks down trade barriers
Korea eyes resumption of new FTA with group of Arab nations
6-Sep-2021 The Korea Times
South Korea’s trade ministry said Monday it aims to resume talks for a new free trade agreement with the Gulf Cooperation Council (GCC) to forge deeper economic ties with the Middle East after a hiatus of more than 10 years.
India begins talks on free trade agreement with UAE
30-Jul-2021 The Hindu
Pact to help India increase exports in goods, services; lead to possible FTA with GCC.
British government aims for £5bn Gulf trade deal
27-May-2021 The National
UK officials are working on a new trade deal with the six members of the GCC, including the UAE and Saudi Arabia.
UK and UAE, Saudi trade agreements could be ’hammered out’ this year
3-May-2021 Arabian Business
UK Trade Secretary was in the UAE and Saudi Arabia last month to work on the UK-GCC Joint Trade and Investment Review
India considers reviving FTA talks with Gulf Cooperation Council
12-Apr-2021 The Economic Times
India is reconsidering a free trade agreement with the Gulf Cooperation Council after the United Arab Emirates, the country’s biggest trading member in the bloc, approached it to revive talks that got stalled in 2008.
China, Oman agree to enhance cooperation, push forward China-GCC free trade talks
30-Mar-2021 CCTV English
Visiting Chinese State Councilor and Foreign Minister on Monday held a meeting with his Omani counterpart, during which both sides agreed to enhance bilateral cooperation and push forward the free trade zone talks.
China eyes free trade agreement with the Gulf states
25-Mar-2021 Arab News
China wants to reach a free trade agreement with the GCC states, Chinese Foreign Minister Wang Yi said on the sidelines of his visit to Riyadh.
Gulf states urge UK to move forward on free trade talks
11-Mar-2021 Forbes
Gulf states are pushing the UK to launch negotiations on a free trade deal but London is showing little interest in prioritizing the issue, despite the region accounting for a substantial chunk of total UK trade.
Pakistan says expects free-trade talks with Gulf countries by June
24-Feb-2021 Arab News
The Gulf Cooperation Council (GCC) has reached out to Pakistani authorities to resume negotiations on a free trade agreement (FTA) by June this year, a top Pakistani diplomat in Riyadh said.
GCC ministers discuss increasing free trade agreements with other countries
10-Dec-2020 MENAFN
GCC states need to ensure the adoption of economic diversification plans through free trade agreements, UAE Foreign Trade Minister said.