Sayyid Fahd receives members leading GCC’s economic alliance

Sayyid Fahd receives members leading GCC’s economic alliance

Muscat – H H Sayyid Fahd bin Mahmoud al Said, Deputy Prime Minister for the Council of Ministers, received members of the GCC Financial and Economic Cooperation Committee on Wednesday.

The members were in Muscat to take part in the committee’s 119th meeting hosted by Oman.

H H Sayyid Fahd expressed Oman’s appreciation for all efforts exerted in economic, investment and business fields that contribute to the march of joint GCC economic action.

He underscored the importance of issues addressed by the ministerial committee’s meeting and its role in enhancing joint GCC action to keep pace with developments of concern to the region.

The meeting reviewed the agenda of the committee’s meeting, including the process of completing the requirements for the GCC Customs Union and activating the GCC Common Market.

It also discussed tackling challenges hindering the achievement of GCC unity and factors related to the programme of realising economic unity among GCC states by 2025.

The members of the GCC Financial and Economic Cooperation Committee thanked Oman for hosting the meeting and its sound preparation which resulted in reaching positive outcomes. They also lauded the constructive role of Oman in the GCC’s march to development.

The meeting was attended by H E Sultan Salim al Habsi,