GCC


SL-Kuwait concludes Bilateral Investment Promotion and Protection Agreement
Sri Lanka and Kuwait successfully concluded negotiations on the proposed Bilateral Investment Promotion and Protection Agreement (IPPA) between two countries. This will be Sri Lanka’s first ever IPPA with a Gulf country.
Further FTA talks start this week with Gulf states
Korea and a group of six oil-producing Gulf states, including Saudi Arabia, will hold a third round of free trade negotiations in Seoul this week, the trade ministry said yesterday.
GCC, ASEAN eye new trade bloc based on food, oil
Gulf Arab states and the 10-member Association of Southeast Asian Nations (ASEAN) moved toward building a trade bloc based on food and oil at a joint meeting of foreign ministers on Tuesday.
GCC states advised to sign free trade pact with China
Urgent talks should be held to help reach a free trade agreement (FTA) between Gulf Cooperation Council member states and China, said a new GCC study.
EU targets free trade deals under Swedish presidency
The first trade priority for the upcoming Swedish presidency of the European Union is to close the free trade agreement with South Korea
GCC to sign EFTA trade deal
GCC Secretary-General Abdulrahman bin Hamad Al Attiyah has announced that the Gulf Cooperation Council will sign a joint free trade agreement with the EFTA states, Switzerland Iceland, Norway and Liechtenstein later this month. Both parties agreed the text of the agreement on April 24, 2008 and have now signalled they wish the agreement to enter into force.
EU free trade secondary to Asia pacts: Al Mansouri
The six-nation Gulf Cooperation Council (GCC) is concentrating on trade talks with East Asia after negotiations with the European Union stalled, Sultan Bin Saeed Al Mansouri, Minister of Economy, said.
Brazil's Lula urges closer Saudi economic ties
Brazilian President Luis Inacio Lula da Silva hailed his country's growing relations with Saudi Arabia and the Middle East on Sunday as he pushed for more trade and investment in the region.
West accused of ‘hypocrisy' on free trade
A former Qatari minister yesterday lambasted Western “hypocrisy” and “double standards” when it came to free trade agreements (FTAs) with smaller nations. And he maintained that the GCC-US FTA was a thing of the “past”.
GCC-EU FTA hits roadblock again
Free trade talks between the GCC and the European Union have been suspended again after the two sides failed to reach an agreement on human rights and customs duties on GCC exports to Europe.