KUNA : EU-GCC Forum sets foundation for boosting cooperation between the two blocs – Economics – 25/11/2022 – Kuwait News Agency

KUNA : EU-GCC Forum sets foundation for boosting cooperation between the two blocs – Economics – 25/11/2022 – Kuwait News Agency

By Nawab Khan

BRUSSELS, Nov 25 (KUNA) -- The Sixth Economic Forum between the European Union (EU) and the Gulf Cooperation Council (GCC) has set the foundations to enhance further cooperation between the two regional blocs, according to participants at the one-day event held in Brussels.



Leopolodo Rubinaci, Deputy Director General for Trade in the European Commission, in closing remarks said the Forum "provided us with an excellent opportunity to listen to distinguished experts who provided us with their assessment on a number of key topics affecting the economic and trade relations between the EU and the GCC." "As such this event has provided an excellent foundation to enhance further cooperation between public and private sectors in both the EU and the GCC," he emphasized.



The speakers expressed their views on a wide range of topics such as environment, energy, investment, digital transition, he said and added that "we heard that the GCC countries have new determination to diversify their economies." "EU and GCC are partners in progress," stressed the EU official.



On his part, Douglas Aitkenhead, team leader EU-GCC Dialogue on Economic Diversification Project, said that after