Economics Trade Agreements Questions
The Gulf Cooperation Council (GCC) is a regional political and economic organization consisting of six Arab countries in the Persian Gulf region. These countries include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The GCC was established in 1981 to promote economic cooperation, trade, and integration among its member states. It aims to enhance regional stability, strengthen ties between member countries, and facilitate economic diversification and development in the Gulf region. The GCC has also signed various trade agreements with other countries and regional blocs to promote international trade and investment.