Economics Trade Agreements Questions
The Gulf Cooperation Council Free Trade Agreement (GCCFTA) is a trade agreement among the member countries of the Gulf Cooperation Council (GCC), which include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. It aims to promote economic integration and facilitate trade among these countries by eliminating or reducing tariffs, quotas, and other trade barriers. The GCCFTA also includes provisions for the protection of intellectual property rights, investment facilitation, and dispute settlement mechanisms.