What are the objectives of the GCC?

The objectives of the Gulf Cooperation Council (GCC) are as follows:

1. Economic Integration: The GCC aims to promote economic cooperation and integration among its member states. This includes the establishment of a common market, free movement of goods, services, and capital, and the development of a unified economic policy.

2. Trade Facilitation: The GCC seeks to enhance trade among its member states by reducing barriers and promoting a more liberalized trade environment. This includes the elimination of tariffs, quotas, and other trade barriers, as well as the harmonization of customs procedures and regulations.

3. Investment Promotion: The GCC aims to attract foreign direct investment (FDI) and promote intra-GCC investment. This is done through the creation of a favorable investment climate, the protection of intellectual property rights, and the facilitation of cross-border investment flows.

4. Economic Diversification: The GCC recognizes the need to diversify their economies away from reliance on oil and gas. Therefore, one of the objectives is to promote economic diversification by encouraging the development of non-oil sectors such as manufacturing, tourism, finance, and technology.

5. Infrastructure Development: The GCC aims to develop and improve infrastructure within the region. This includes the construction of transportation networks, such as roads, railways, and airports, as well as the development of telecommunications and energy infrastructure.

6. Social and Cultural Cooperation: The GCC seeks to enhance social and cultural cooperation among its member states. This includes promoting educational and cultural exchanges, as well as cooperation in areas such as healthcare, labor rights, and environmental protection.

7. Political and Security Cooperation: The GCC aims to strengthen political and security cooperation among its member states. This includes coordination on regional security issues, defense cooperation, and the establishment of joint military forces.

Overall, the objectives of the GCC are centered around promoting economic integration, trade facilitation, investment promotion, economic diversification, infrastructure development, social and cultural cooperation, and political and security cooperation among its member states.