HE the GCCSG: The GCC Countries, Despite All the ChallengesHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), said that the GCC countries, despite all the challenges they Read more 21February2024Share this news...tweetHE the GCCSG: The GCC Countries Are Keen to Ensure the StabilityHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), confirmed that the GCC countries are keen to ensure the stability Read more 21February2024Share this news...tweetHE the GCCSG Receives the Ambassador of the European UnionHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), received His Excellency Mr Christophe Varno, Ambassador of the European Union (EU) to the Kingdom Read more 21February2024Share this news...tweetHE the GCCSG Receives Gulf Press Union President and MeHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), received a delegation from the Gulf Press Union on Wednesday (February 21, 2024). The delegation Read more 21February2024Share this news...tweetHE the GCCSG Receives the Ambassador of the Republic ofHis Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), received Her Excellency Ms. Safia Al Suhail, Ambassador of the Republic of Iraq to the Kingdom of Read more 21February2024Share 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 The GCC Common Market and Economic nationality The GCC Common Market and Economic nationality الرئيسية›Home›GCC Achievements›Achievements›Economic Cooperation›The GCC Common Market and Economic nationality›GCC Economic nationality Steps have been taken to achieve economic citizenshipGCC Economic nationalityCurrently selectedMechanism of Achieving the Common MarketFuture Steps for Fulfillment of Economic nationality Economic nationality” is the realization of a fully equal treatment among GCC nationals in all economic fields in member States. However, the concept of “nationalization” has undergone several developments in the history of the GCC economic joint action. Article (8) of 1981 Agreement provides for only four areas, for example but not limited to that, where Economic nationality or equal treatment shall be achieved, these are: Freedom of movement, work and residence The right of ownership, inheritance and will The freedom of engagement in economic activity Free movement of capitalsDuring the first two decades of establishing the GCC, the concept of equal treatment among GCC nationals was applied to many areas of the Agreement. In this connection, the GCC States have adopted important resolutions that provide for permitting the GCC nationals to engage in the economic activity in any Member State, but this was subject to certain controls for each economic area. That was implemented according to the gradual approach provided in the Economic Agreement 1981, and necessitated by the conditions then prevailing. However, in practice, it was found out that some of those controls were difficult to apply, which made the GCC nationals refrain from benefiting from the resolutions of the Supreme Council according them the right of equal treatment in those economic fields. For the joint action to shift from the stage of coordination and cooperation to integration, the trend adopted by the Economic Agreement 2001 tends to the direct application of the concept of fully equal treatment in all economic fields.Article (3) of the Economic Agreement 2001 contains the most important provision concerning the Economic nationality. The said Article provides for direct implementation of the concept of fully equal treatment for all GCC nationals through according the GCC nationals residing in any Member State the same treatment accorded to its nationals without differentiation or discrimination in all economic fields; that includes natural and legal nationals. To emphasize this concept and eliminate any ambiguity, the Article mentions ten general economic fields, for example but not limited to that, where equal treatment is to be achieved among GCC nationals. These ten fields include the following: 1. Movement and residence2. Work in private and government jobs3. Pension and social security4. Engagement in all professions and crafts5. Engagement in all economic, investment and service activities6. Real estate ownership7. Capital movement8. Tax treatment9. Stock ownership and formation of corporations10. Education, health and social servicesThe resolution adopted by the Supreme Council at its 23rd session (December 2002), identified a time schedule for completion of the requirements of the GCC Common Market, as follows:a) Equal treatment shall be accorded to the GCC citizens by 2003 in the field of employment in the private sector, Stock ownership, formation of corporations and elimination of relevant barriers.b) Equal treatment shall be accorded to the GCC citizens by 2005 in the field of government jobs, social insurance and pension and elimination of relevant barriersc) Competent committees shall complete all requirements to ensure achievement of the GCC Common Market by 2007 at the latest.This time schedule means going ahead with all the procedures that ensure full equal treatment among GCC citizens in all the fields specified in the Agreement, and elimination of all restrictions and controls that prevent achievement of full equality through updating the resolutions of joint action.