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Tharoor said negotiations have been on for the last two years and it was time to break the deadlock and move ahead on the issue. Countries like Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and the Sultanate of Oman comprise the GCC. Full Article at Hindustan Times
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(MENAFN - The Peninsula) GCC member states expressed their strong support for Saudi Arabia in its battle against Houthi insurgents on its border with Yemen. This was disclosed during the second meeting of the GCC Foreign Ministers here yesterday. Full Article at Middle East North Africa Financial Network
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Minister of State for External Affairs Shashi Tharoor today expressed India's willingness to sign a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC) countries, but said there was more action needed from the other side. Full Article at Webindia123
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10 November 2009 MANAMA: The Gulf Cooperation Council and India free trade agreement (FTA), if implemented by 2010, will see trade of $40 billion, a senior official at the Economic Development Board (EDB) has said. Full Article at Zawya.com
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(MENAFN - The Peninsula) The majority of business leaders in the GCC countries believe that rather than presenting a threat, the Islamic Republic of Iran will offer a significant positive impact on regional economies when trading relations resume. Full Article at Middle East North Africa Financial Network
Related Quotes
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One thing that is clear is that executives in Saudi Arabia have come through the crisis with confidence intact ... We hope to probe these sentiments further when we gather business leaders from the region together in Dubai on November 5th for our Oliver Wyman / Financial Times conference.
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Saudi Arabia has always been politically and militarily timid in projecting its power
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We asked C-level executives what they considered the greatest threat to business stability in the GCC is and an overwhelming 69 percent stated reasons other than the risk associated with Iran by the rest of the world
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GCC countries are expected to fund as much as SR187.5 billion in power projects between now and 2015. They will need to acquire detailed information on the technological, ecological, logistical, economic and regulatory implications of each of these critical investments to ensure power needs are met with...
SOURCE: Zawya.com
