Gulf Cooperation Council


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Gulf Cooperation Council

(GCC), officially Cooperation Council for the Arab States of the Gulf, organization (est. 1981) promoting stability and economic cooperation among Persian Gulf nations. Its members are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). In 1991 the GCC countries joined with Egypt and Syria to create a regional peacekeeping force. An aid fund was also established to promote development in Arab states; it was used to help liberate Kuwait in 1991. In 2003 GCC members eliminated tariffs on trade between member nations and established common external tariffs. They have agreed to establish a broader economic union (including a single market and currency; Oman and the UAE have opted out); a common market was established in 2008. During the national protests in 2011 known as the Arab Spring, the GCC sent forces into Bahrain in support of its monarch, and attempted to negotiate a resolution in Yemen. In 2017, however, the GCC experienced a rift as Saudi Arabia, the UAE, and Bahrain launched a boycott against Qatar, accusing it of destabilizing the region.
References in periodicals archive ?
Text of initial frame work on FTA was completed with Gulf Cooperation Council (GCC) which comprise six countries including Saudi Arabia,Bahrain,Oman,Qatar,Kuwait and the United Arab Emirates,Senior official of Ministry of Commerce told reporter here Friday.
RIYADH: GCC foreign ministers participated in the 143rd session of the Ministerial Council of the Gulf Cooperation Council (GCC) countries on Wednesday.
During the meeting, the Minister of Foreign Affairs welcomed the Secretary-General, praising the role of the General Secretariat of the Gulf Cooperation Council in constantly promoting the GCC joint action and strengthening its mechanisms to achieve the aspirations of the GCC citizens towards further progress and prosperity.
BRUSSELS - The six-nation Gulf Cooperation Council has postponed an annual high-level meeting with the European Union, it was announced on Wednesday, in what one diplomatic source said was a row over human rights.
RIYADH: The Gulf Cooperation Council will hold a meeting in Riyadh next week to agree on mechanisms for imposing sanctions on members of Lebanon's Hezbollah, its head Abdullatif al-Zayani said.
He will also participate in a ministerial meeting with counterparts from Gulf Cooperation Council nations.
Moroccan King Mohammad VI will be visiting the UAE on Monday as part of a tour of Gulf Cooperation Council states, according to a Moroccan Royal Court statement.
27 (Petra)--A Kuwaiti delegation started an official visit to the Kingdom on Monday to discuss Kuwait's contribution to the Gulf Cooperation Council (GCC) fund to Jordan.
During the meeting, it was also agreed on early conclusion of Pakistan and the countries of the Gulf Cooperation Council Free Trade Agreement (FTA) which will give a strong impetus to economic and trade relations with Pakistan to Saudi Arabia and the Gulf Cooperation Council (GCC).
The deal was brokered by the Gulf Cooperation Council and it was signed in Saudi Arabia.
Summary: TEHRAN (FNA)- A prominent Iranian MP blasted the Persian Gulf Cooperation Council (PGCC) for its recent statement against Iran, describing it as "unrealistic, emotional and inexpert".
Summary: The meeting is the 29th annual Gulf Cooperation Council (GCC) ministerial gathering of the petroleum cooperation committee.

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