GCC


China and Arabic countries forge economic strategic partnership
The Arab world holds an important position in Chinese enterprises' global strategies. It is predicted that China and the Gulf Cooperation Council will sign a free trade agreement soon.
India-GCC: Petrochem industry fears free trade with the Gulf
A leading industry body has urged the Indian government to keep key petrochemical products outside the purview of the proposed free trade agreement with the Gulf Cooperation Council, fearing unfair competitive advantage.
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.