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GCC

Gulf Cooperation Council


Lobbies trying to stall FTA with EU: Attiyah
Lobbies representing European petrochemicals and aluminum industries are attempting to stall the long overdue free trade agreement between the Gulf Cooperation Council and the European Union because they are concerned about compettion from the GCC
NZ agrees trade deal with six Gulf states
New Zealand has successfully concluded negotiations for a free trade agreement with six oil-rich Gulf states, Trade Minister Tim Groser announced yesterday.
New Zealand and Gulf states finalize free trade pact
New Zealand and the six states of the Gulf Cooperation Council have concluded a free trade agreement, Trade Minister Tim Groser announced Monday.
Malaysia plans to start FTA talks with GCC countries
Malaysia hopes to start negotiations for a free trade agreement with the Gulf Cooperation Council countries this week.
FTA between GCC, EU expected to be sealed next March: Kuwaiti official
The long-awaited negotiations on a Free Trade Agreement between the European Union and the Gulf Cooperation Council is expected to be completed by next March, a Kuwaiti senior official said Tuesday.
EU urged to sign free trade deal with Gulf states
Gulf oil producers yesterday urged the European Union to stop setting conditions and sign a free trade agreement that has eluded the two sides for nearly two decades because of persistent rifts.
NZ closer to Middle East trade deal
Plans to further relations between New Zealand and the Middle East are on track and a trade agreement looks close to being finalised next year, one business expert says.
Gulf states, EU to resume negotiations over free-trade agreement
The EU is expected to drop "noneconomic demands" to which the Gulf states object, according to a report from the Emirates Industrial Bank.
Korea looks to FTA with Arab States
After concluding free trade talks with the European Union, Korea is eyeing the Gulf Cooperation Council as its next FTA partner
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.
EU-GCC free trade talks to resume after being derailed in December
The European Union and the Gulf Cooperation Council’s Joint Council meet today at the Al Bustan Palace Hotel to put on track the Free Trade Agreement talks that were derailed by the GCC last December.