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GCC

Gulf Cooperation Council


GPCA urges free trade deal between GCC and Europe
A comprehensive Free Trade Agreement between the Gulf Cooperation Council and the top 10 trading partners, including the European Union, could result in substantial GDP increases says Gulf Petrochemicals and Chemicals Association.
GCC leaders to meet with President Obama
Leaders of the Gulf Cooperation Council will be meeting with President Barack Obama this week at the White House and at Camp David. The six member nations of the GCC include Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates, and Oman.
New Zealand next cab off the rank to close Gulf states FTA - Key
Most of the Gulf states are positive about signing off on a NZ-GCC deal, although Saudi Arabia is a little more cautious, PM Key says.
Australian trade minister: FTA with GCC ‘possible within months’
Australia and the GCC countries may only be a few months away from signing a landmark Free Trade Agreement deal “if a decision is made quickly,” Australia Trade and Investment Minister Andrew Robb says.
Australia-GCC free trade agreement “a priority”
A GCC-Australia Free Trade Agreement is top of the agenda for Andrew Robb, the Australian Minister for Trade and Investment, when he returns to the region in April.
KITA pushes resumption of FTA negotiations with Gulf Cooperation Council
Korea’s premier corporate lobby group says that Korea should resume FTA negotiations, which have been stopped, with the Gulf Cooperation Council (GCC) as soon as possible and target the markets in the Middle East.
China to step up FTA talks with GCC
China will speed up free trade agreement talks with six GCC countries, a deal that will help China cut costs on energy imports from the region
Ukraine wishes to form free trade zones with Canada, Turkey, Israel, West Africa
The government of Ukraine intends to launch free trade negotiations with Canada, Turkey, Israel, the Gulf States, West Africa and some other countries, Prime Minister Arseniy Yatseniuk said.
GCC builds up its Asia strategy
MoU with South Korea can be leveraged into something significant, including a free trade agreement
FTA with GCC to impact Indian petrochemical sector – Study
“India’s trade imbalance with the six-nation Gulf Cooperation Council will further deteriorate as well as impact the Indian petrochemicals sector due to tariff elimination on petrochemicals under the proposed FTA”, says a study by an apex Indian trade body.
New Zealand-GCC free trade deal likely soon
New Zealand Trade Minister Tim Groser expressed optimism regarding the signing of a comprehensive free trade agreement (FTA) that will lower trade barriers between Saudi Arabia and other GCC countries.
Australia seeks GCC free trade agreement
Australia is keen to resume its negotiations with Gulf countries on a free trade agreement, or FTA, in addition to foreign investment in a number of sectors, Trade and Investment Minister Andrew Robb said in Dubai on Sunday.
GCC looks east for win-win trade deals
The Gulf Cooperation Council is increasingly looking eastward to secure trade accords, which in itself reflects the difficulties in concluding free trade agreements with the likes of the European Union.
GCC, China to sign ’’14-17 action plan, resume FTA negotiations - Amb. Al-Muzayen
Senior officials from the GCC countries and China met in Beijing on Thursday and discussed the resumption of negotiations to establish a free trade zone, a senior diplomat said.
Support early conclusion of FTA with GCC: India to Kuwait
India today urged Kuwait to support its efforts for early conclusion of talks for the proposed free trade agreement with the Gulf Cooperation Council (GCC).
Optimism on GCC-Singapore free trade deal despite lower exchange
Trade between the GCC and Singapore has declined by a fifth this year, but a newly ratified free trade agreement is shoring up officials’ optimism. Trade in the first half of this year declined to US$30.2 billion from $38bn last year, partly due to lower Saudi oil shipments, said Singapore’s trade ministry.
GCC-Singapore free trade deal boon for Saudi firms
The Saudi-Singapore Business Council is encouraging Saudi investors to invest in Singapore instead of Europe, using the GCC-Singapore FTA as a launching pad into China.
Xi seeks to resume FTA talks with Arab states
President Xi Jinping on Monday called for an early restart of negotiations for a free trade area between China and the Gulf Cooperation Council, which Xi called an important partner of China.
Peru starts talks on FTA with Russia, Turkey, Israel
Peru’s Minister of Foreign Trade and Tourism, Magali Silva, said that Peru has started the first talks toward an eventual free trade agreement between Russia, Kazakhstan, Belarus, India, Indonesia, Turkey and Israel.
GCC-Singapore FTA comes into effect
The Gulf Cooperation Council-Singapore Free Trade Agreement (GSFTA) came into effect on Sunday, 1 September.