GCC economic integration, customs union and common market discussed

GCC economic integration, customs union and common market discussed

Riyadh: Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation participating in the 117th meeting of the GCC Financial and Economic Cooperation Committee, which was held in Riyadh, Saudi Arabia, with the aim of discussing the progress of work on GCC economic integration, as well as a number of topics related to the Customs Union and the GCC Common Market. The UAE delegation included Ahmad Abdullah Bin Lahej Alfalasi, Director-General of the Federal Customs Authority; Ali Abdullah Sharafi, Assistant Under-Secretary of the International Financial Relationship Sector at the Ministry of Finance; Ibrahim Al Jarwan, Director of the GCC Affairs Department at the Ministry of Finance; and Hamad Al Zaabi, Director of the Office of the Minister of State for Financial Affairs. The Ministers of Finance of the GCC countries, and the Secretary-General of the Cooperation Council for the Arab States of the Gulf, were also in attendance. Al Hussaini highlighted the UAE's keenness to bolster cooperation with the Secretariat General of the Gulf Cooperation Council in topics related to the GCC economic integration. "The periodic meetings held by the GCC Financial and Economic Cooperation Committee serve as a vital platform to deliberate the challenges