ISDS Case Map
GCC
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia is keen to revive the framework agreement but there have been challenges.
Three rounds of negotiations for the South Korea-GCC FTA were underway in 2007 to 2009 but the talks came to a halt when the GCC withdrew from the negotiating table in the wake of the global financial crisis at that time.
China sees Saudi Arabia as an important strategic partner and stands ready to speed up the China-Gulf Cooperation Council (GCC) FTA talks with Saudi Arabia.
Private sector leader Qatar Chamber is hoping that talks on a free trade agreement (FTA) between the European Union and the Gulf Cooperation Council would resume.
New Zealand and the Gulf Cooperation Council will work to get a stalled free trade pact back on track after trade ministers from the Pacific nation and Saudi Arabia agreed to deepen trade ties.
India is eyeing trade deals with the European Union, Israel , Gulf countries and Eurasian region to deepen its trading engagement and revive exports.
The talks between GCC countries and China to reach a Free Trade Agreement (FTA) have gained momentum. Once implemented, the agreement will further boost cooperation and the volume of trade between the two sides.
In purely commercial terms, American manufacturers gained access to regional Gulf Cooperation Council markets and beyond.
China and the oil-dependent Gulf monarchies said they would accelerate talks on a free trade deal which has been under negotiation for more than a decade.
It has been 240 years since Scottish economist Adam Smith made the then-outrageous suggestion that nations could improve their wealth by removing tariffs on imported goods. At the time, 1776, not only did these taxes — invariably more than 40 percent on certain goods — inflate prices for consumers, they often accounted for the majority of government revenues.
