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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.
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.