HE the GCCSG Emphasises Collective Action and SolidarityHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),affirmed that the GCC countries take pride in their Islamic affiliation and Read more 04May2024Share this news...tweetHE the GCCSG Offers his Condolences to HH Shaikh MohamedHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), offered his condolences to His Highness Shaikh Mohamed Read more 03May2024Share this news...tweetHE the GCCSG: The GCC Countries are Witnessing SignificantHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the GCC countries are witnessing significant developments in the Read more 01May2024Share this news...tweetHE GCCSG:Industrial Sector Enjoys Significant AttentionHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the industrial sector receives significant attention from the Read more 01May2024Share this news...tweetHE GCCSG: Periodic Meeting between Ministers of Trade andHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the periodic consultative meeting between Their Excellencies the Ministers of Trade Read more 01May2024Share 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 Achievements Achievements الرئيسية›Home›GCC Achievements›Achievements›Economic Cooperation›The Customs Union›Achievements›II. The GCC Customs Union – January 2003 I. The Free Trade Area FTAII. The GCC Customs Union – January 2003Currently selected Establishing the Customs Union on January 1st 2003 was a quality shift in the joint economic action as the customs union is basically based on a common external tariff, elimination of trade barriers, uniform import/export procedures and treatment of the geographical territory of the six member States as a single customs territory. Though the creation of the GCC customs union was a little bit late, yet it is deemed as an advanced union in legal terms as Article (1) of the GCC Economic Agreement, signed at Muscat Summit in December 2001, outlines the following three basic principles of the GCC Customs Union:a) A Common External Tariffb) Unified Customs regulations and procedures ( A Common Customs Law has been effective since 2002) c) Uniform customs proceduresd) Single entry point where common duties are leviede) Intra-GCC movement of goods without tariff or non-tariff barriersf) National treatment of GCC goodsAs outlined above, the main objective of the customs union is the liberalization of Intra-GCC trade. Therefore private sector in all GCC States is directly influenced by the establishment of such customs union which allows Intra-GCC flow of goods without tariff or non-tariff barriers. However, Intra-GCC movement of goods is subject to certain GCC laws and resolutions that address issues such as the veterinary and agricultural quarantine and control of the imported foodstuffs.
HE the GCCSG Offers his Condolences to HH Shaikh MohamedHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), offered his condolences to His Highness Shaikh Mohamed Read more 03May2024Share this news...tweetHE the GCCSG: The GCC Countries are Witnessing SignificantHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the GCC countries are witnessing significant developments in the Read more 01May2024Share this news...tweetHE GCCSG:Industrial Sector Enjoys Significant AttentionHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the industrial sector receives significant attention from the Read more 01May2024Share this news...tweetHE GCCSG: Periodic Meeting between Ministers of Trade andHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the periodic consultative meeting between Their Excellencies the Ministers of Trade Read more 01May2024Share this news...tweet News
HE the GCCSG: The GCC Countries are Witnessing SignificantHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the GCC countries are witnessing significant developments in the Read more 01May2024Share this news...tweetHE GCCSG:Industrial Sector Enjoys Significant AttentionHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the industrial sector receives significant attention from the Read more 01May2024Share this news...tweetHE GCCSG: Periodic Meeting between Ministers of Trade andHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the periodic consultative meeting between Their Excellencies the Ministers of Trade Read more 01May2024Share this news...tweet News
HE GCCSG:Industrial Sector Enjoys Significant AttentionHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC),stated that the industrial sector receives significant attention from the Read more 01May2024Share this news...tweetHE GCCSG: Periodic Meeting between Ministers of Trade andHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the periodic consultative meeting between Their Excellencies the Ministers of Trade Read more 01May2024Share this news...tweet
HE GCCSG: Periodic Meeting between Ministers of Trade andHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the periodic consultative meeting between Their Excellencies the Ministers of Trade Read more 01May2024Share this news...tweet