General Secretariat – Washington, D.C.
His Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), met with His Excellency Mr Hernández de Cos, General Manager of the Bank for International Settlements (BIS), today, Thursday, October 16, 2025.
The meeting was held on the sidelines of His Excellency Mr Albudaiwi's participation in the International Monetary Fund (IMF) and World Bank meetings in the U.S. capital, Washington.
During the meeting, they discussed ways to enhance relations between the GCC and the BIS, building on the close ties and long-standing constructive cooperation between the central banks of the GCC states and the BIS.
His Excellency Mr Albudaiwi praised the Bank's role in supporting international monetary and financial cooperation, developing monetary policies, and promoting the transparency of the global financial system.
The two sides also discussed regional and international economic and financial developments, exchanged views on the challenges facing the global financial system, and explored ways to further strengthen financial stability in the GCC states.