The Economic Agreement Between the GCC States

Release Date:	1422-10-16
Release Tool:	Royal Decree
Issuance Instrument Number:	m/58
Validity:	Valid
Summary:	By AI The document addresses the Decision of King Fahd bin Abdulaziz Al Saud approving the Economic Agreement between the Gulf Cooperation Council countries, signed in Muscat on December 31, 2001. The aim of the decision is to enhance economic ties among member states by establishing a customs union and unifying economic and monetary policies. This includes developing infrastructure, supporting joint projects, and coordinating developmental policies. It also highlights the importance of localizing the...

Release Date:

1422-10-16

Release Tool:

Royal Decree

Issuance Instrument Number:

m/58

Validity:

Valid

Summary:

By AI

The document addresses the Decision of King Fahd bin Abdulaziz Al Saud approving the Economic Agreement between the Gulf Cooperation Council countries, signed in Muscat on December 31, 2001. The aim of the decision is to enhance economic ties among member states by establishing a customs union and unifying economic and monetary policies. This includes developing infrastructure, supporting joint projects, and coordinating developmental policies. It also highlights the importance of localizing the...