The Federation of GCC Chambers claimed during the 50th meeting of the Executive Leadership Committee of the federation, the importance of the GCC states completing the implementation of the Gulf economic agreement to reach the Gulf common market through implementing the requirements of the unified Gulf customs union.
The meeting was held with the aim of coming up with recommendations to be submitted to the Federation Council at its next meeting to be held next December in the Saudi capital, Riyadh. The meeting dealt with many important topics related to the Gulf economic work at the level of the private sector, in addition to some administrative matters related to the work of the General Secretariat of the FGCCC. The attendees reviewed the memorandum of Oman Chamber of Commerce and Industry regarding its proposal on the sectoral committees emanating from the General Secretariat of the FGCCC, where they discussed the draft work program of the General Secretariat of the Federation for the next year.
It is noteworthy that the Federation of Chambers of the Cooperation Council is a federation of chambers of commerce and industry among the members of the Gulf Cooperation Council, and is considered one of the most important institutional frameworks sponsoring the private sector in the Arab Gulf states. The Federation has worked since its inception in 1979, to represent the economic interests of private sector institutions and individuals, with the aim of developing its economic role.
Source (Asharq Al Awsat Newspaper, Edited)
