HE the GCC Secretary General: Non-recognition of PalestineHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the United States of America's use of the veto in the United Nations (UN) Security Council Read more 19April2024Share this news...tweetHE GCCSG: The Cooperation Council’s Journey Has Become aHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), stated that the journey of the Cooperation Council has become Read more 18April2024Share this news...tweetHE GCCSG: The 2nd Ministerial Meeting for the StrategicHis Excellency Mr. Jasem Mohamed Abudaiwi, Secretary General of the Gulf Cooperation Council (GCC), has confirmed that the second ministerial meeting of the strategic Read more 15April2024Share this news...tweetJoint Statement Second GCC-Central Asian Ministerial MeetingThe Second GCC-Central Asia Joint Ministerial Meeting on Strategic Dialogue took place in Tashkent, Read more 15April2024Share this news...tweetStatement Issued by the 44th Extraordinary Meeting of theIn light of the military escalation and developments taking place in the Middle East region, the Ministerial Council of Read more 15April2024Share this news...tweet News Events No content found More Events Menu عربي ×News × Events ×Employees Mail × . . × × HomeAbout GCC Member StatesThe CharterOrganizational StructureObjectivesLogo Secretariat General Secretary GeneralAssistant SecretariesTendersJobs GCC AchievementsCurrently selected AchievementsProjects Statements Supreme CouncilMinisterial Council Data Events And Competitions EventsCompetitions Cognitive Sources Laws and RegulationsAgreementsDigital LibraryGCC Statistics Media Center GCC NewsAdvertisingMultimedia LibraryMailing ListLinks Contact US Offices Search Employees Mail Joint Action Process Joint Action Process الرئيسية›Home›GCC Achievements›Achievements›Economic Cooperation›Joint Action Process›The Economic Agreement 2001 Process and ObjectivesThe Unified Economic Agreement 1981The Economic Agreement 2001Currently selectedMain Achievements Coping with the developments of the joint action over the first two decades since the establishment of the GCC and with the international developments and challenges in the economic field, the Supreme Council adopted the Economic Agreement at its 22nd Session (December 2001). The new Agreement has shifted the Joint Action approach from the stage of coordination to the stage of integration according to specific mechanisms and schemes. The Agreement has become more comprehensive in addressing the following topics:1. The GCC Customs Union2. The international economic relations between Member States and the other countries, economic groupings and international and regional organizations, and the provision of international and regional aids3. The GCC Common Market which specifies the areas of the Economic nationality4. The Monetary and Economic Union5. Improving the investment climate in Member States6. The development integration across Member States, including the industrial development, development of oil and gas and the natural resources, agricultural development, environment preservation and joint projects7. Development of human resources, including education, eradication of illiteracy, compulsion of basic education, activation of the population strategy, nationalizing and training of Labor Force and increasing their contribution to the labor market.8. Scientific and technical research, development of scientific, technological and informatics database and protection of intellectual property rights9. Integration in the infrastructure areas, including transportation, telecommunications and E-commerceIn addition, the Agreement contains (Chapter 8) mechanisms for implementation, follow-ups and dispute settlement. The Agreement provides for the formation of a judicial commission to adjudicate disputes arising from the implementation of the Agreement and the resolutions for its implementation.
HE GCCSG: The Cooperation Council’s Journey Has Become aHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), stated that the journey of the Cooperation Council has become Read more 18April2024Share this news...tweetHE GCCSG: The 2nd Ministerial Meeting for the StrategicHis Excellency Mr. Jasem Mohamed Abudaiwi, Secretary General of the Gulf Cooperation Council (GCC), has confirmed that the second ministerial meeting of the strategic Read more 15April2024Share this news...tweetJoint Statement Second GCC-Central Asian Ministerial MeetingThe Second GCC-Central Asia Joint Ministerial Meeting on Strategic Dialogue took place in Tashkent, Read more 15April2024Share this news...tweetStatement Issued by the 44th Extraordinary Meeting of theIn light of the military escalation and developments taking place in the Middle East region, the Ministerial Council of Read more 15April2024Share this news...tweet News
HE GCCSG: The 2nd Ministerial Meeting for the StrategicHis Excellency Mr. Jasem Mohamed Abudaiwi, Secretary General of the Gulf Cooperation Council (GCC), has confirmed that the second ministerial meeting of the strategic Read more 15April2024Share this news...tweetJoint Statement Second GCC-Central Asian Ministerial MeetingThe Second GCC-Central Asia Joint Ministerial Meeting on Strategic Dialogue took place in Tashkent, Read more 15April2024Share this news...tweetStatement Issued by the 44th Extraordinary Meeting of theIn light of the military escalation and developments taking place in the Middle East region, the Ministerial Council of Read more 15April2024Share this news...tweet News
Joint Statement Second GCC-Central Asian Ministerial MeetingThe Second GCC-Central Asia Joint Ministerial Meeting on Strategic Dialogue took place in Tashkent, Read more 15April2024Share this news...tweetStatement Issued by the 44th Extraordinary Meeting of theIn light of the military escalation and developments taking place in the Middle East region, the Ministerial Council of Read more 15April2024Share this news...tweet
Statement Issued by the 44th Extraordinary Meeting of theIn light of the military escalation and developments taking place in the Middle East region, the Ministerial Council of Read more 15April2024Share this news...tweet