ISDS Case Map
GCC
After the suspension of FTA negotiations with the United Arab Emirates (UAE) in 2006, the Australian Government commissioned a study by the Department of Foreign Affairs and Trade into the merits and feasibility of an FTA with the GCC. Minister for Trade, Warren Truss, said the study found that an FTA would maximise Australia's long-term commercial interest in the GCC.
The main reason for the delay in the finalisation of the GCC customs union was the unilateral decision by Oman, preceded by Bahrain, to sign a free trade agreement with the US.
The Gulf nations and Japan are the next in line for free trade agreements (FTAs) with India.
The Gulf Cooperation Council (GCC) and Singapore have agreed to start negotiations for a free trade agreement.
Pakistan's Commerce Minister Hamayun Akhtar Khan yesterday said that his country will soon sign Free Trade Agreement (FTA) with the GCC bloc in coming few weeks, which will cover goods and services, and would give a big push to attract much needed foreign investment.
The European relations with the Arab World can be regarded as a model that the US should follow. The evidence lies in the welcome of free trade agreements between the EU and Arab countries, and in the doubts about free trade agreements with the US.
Japan will revitalize its efforts to conclude free trade agreements (FTAs) and investment accords with the Gulf Cooperation Council (GCC), East Asia and India, the top government spokesman said Thursday.
The Dubai police chief said on Saturday that GCC countries that have signed bilateral free trade agreements with the United States "rushed into them".
Apart from the products whose imports are prohibited, negotiations between both blocs should cover 100% of the current tax universe. This is one of the conclusions of the meeting that took place this week between diplomats from both blocs.
The six-nation Gulf Cooperation Council (GCC) has asked India to push through financial sector reforms and in return offered its huge oil and gas reserves to meet the country's energy needs.
