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GCC

Gulf Cooperation Council


Eastern promise
Trade and investment. Not words which always set the pulse racing, the heart pounding.
Japan wants to seal FTAs with GCC — report
Japan wants to open free trade agreement (FTA) talks with the Gulf Cooperation Council, China, India, Australia and South Africa, a top-selling business daily here reported Sunday.
GCC-India FTA to be signed in near future
The GCC-India free trade agreement (FTA) will open over a billion consumers’ market for the Gulf countries.
Trade deal sought with Arab states
China wants closer ties with Saudi Arabia and other Arab states, and is working toward a free-trade agreement with countries in the region, according to Premier Wen Jiabao.
China, GCC conclude third round FTA negotiation
The third round of free trade area negotiation between China and GCC (Gulf Cooperation Council) was concluded recently in Beijing.
For the GCC and India, escalating opportunities
Regional economic diversification received a boost when the Gulf Cooperation Council (GCC) and India - which signed a bilateral framework agreement for economic cooperation in August 2004 - announced that final negotiations for a free-trade agreement (FTA) would start this month, to thrash out niggling issues like rules of origin and differential tariffs.
GCC-India FTA talks give fillip to ‘Asian Community’
The regional economic diversification plan gets a boost with the Gulf Cooperation Council (GCC) and India - which signed a framework agreement for economic cooperation in August 2004 - announcing final negotiations for a free trade agreement (FTA) starting January 2006 to thrash out niggling issues like rules of origin and differential tariffs.
Japan pushes for trade accord with GCC states
Japanese Ambassador to Bahrain, Takao Natsume, said his government has proposed an FTA to GCC governments but has yet to schedule the beginning of negotiations. "The main stumbling blocks with previous free trade agreements we have been involved in were in the area of agriculture and since the GCC countries are not huge agriculture producers, we don’t see this as a problem here," he said.
Govt proposes to begin talks with GCC on FTA
The Indian government proposes to initiate negotiations with the Gulf Cooperation Council to conclude a free trade agreement (FTA), Lok Sabha was informed on Wednesday.
EU-AGCC FTA to be signed next year
A free trade agreement (FTA) between the EU and the AGCC, the first region to region trade agreement outside Europe, will not be concluded by the end of this year as originally scheduled, according to a high-ranking EU official.
EU regrets postponing free trade accord with GCC - European official
European Commissioner for Justice Franco Fratini expressed on Tuesday regret because the GCC Summit postponed yesterday signing a Free Trade Agreement (FTA) with the EU, calling on Gulf states to advance cooperation with the EU.
Economic integration of GCC states on cards
The Abu Dhabi Summit, which kicked-off yesterday evening, will come up to the expectations of 40 million Gulf nationals as it is likely to incorporate a road map for greater economic integration of the oil rich region.
GCC needs Fair Trade Agreements
The GCC does not need Free Trade Agreements (FTAs), what it needs is Fair Trade agreements, said Mishal Hamed Kanoo, Deputy Chairman, the Kanoo Group, at the 4th GCC Economic Forum.
GCC chief hails improving S.N. Korea relations
GCC Secretary General HE Abdulrahman bin Hamad al-Attiyah has said that negotiations are now under way between GCC and China for earlier conclusion of Free Trade Agreement (FTA) and that a legal framework is now being made in preparation for the FTA agreement with Korea.
GCC chief expects free trade talks with China to end soon
Secretary-General of the Gulf Cooperation Council (GCC) Abdul Rahman al-Attiya said here on Sunday that he hoped talks between the GCC and China on a free trade agreement will be concluded soon.
GCC and European Union: 17-year old FTA negotiations
The Free Trade Agreement (FTA) negotiations between the Gulf Cooperation Council (GCC) countries and European Union (EU) have started since 1988. However, there have been always obstacles that prevented the achievement of a final agreement.
GCC mulls FTAs with Singapore, Australia
GCC finance ministers said the six states were considering foreign trade deals with Singapore and Australia to widen existing talks for bilateral accords with some of its member states.
Free trade agreement between EU and GCC imminent
The European Union and GCC are expected to conclude talks on establishing a free trade deal in the near future. The deal, which has been a long time in the making, is likely to be sealed by the end of the current year, according to Abdurrahman Al Attiyah, the GCC Secretary General.
India, Gulf states to kickstart talks on free-trade pact
Discussions on a possible free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) are gaining momentum with the two sides deciding to meet early next year to thrash out important issues like rules of origin (ROO) and differential tariffs which are key to such agreements.
GCC-EU free trade talks make progress on issues
The European Union and the GCC wound up talks on a long stalled free trade deal yesterday without agreement on opening up the region’s lucrative services sector.