The Gulf Cooperation Council (GCC) of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) inhabits of one of the most water-scarce regions in the world, once comprised small impoverished desert principalities. The India-GCC FTA is under negotiation. Related Links. India needs to safeguard its large economic, political and demographic stakes in the region. Secretariat General of the Gulf Cooperation Council The Cooperation Council for the Arab States of the Gulf GCC. India, therefore, has a vital stake in the stability , security and economic well being of the Gulf. GCC (gulf cooperation council) and its relations with India GCC … The GCC's headquarters is in Riyadh, the capital of Saudi Arabia, its largest member. Gulf Cooperation Council Secy General calls for calm, dialogue amid regional tensions in the middle east. The GCC has emerged as a major trading partner of India. Required fields are marked *. Gulf Cooperation Council was formed in 1981 in Riyadh, Saudi Arabia. The immediate objective was to protect themselves from the threat posed by the Iran-Iraq War and Iranian-inspired activist Islamism. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Your email address will not be published. "headline": "India-Gulf Cooperation Council", Related Links. Topics Covered: Important International institutions, agencies and fora, their structure, mandate. This opportunity is gained by the strategic location of Sohar Port outside of the Strait of Hormuz. However, since the 1970s, the GCC has witnessed rapid population growth and economic development, brought on by sharp increases in oil revenues. Mai 1981 in Abu Dhabi durch Kuwait, Bahrain, Saudi-Arabien, Katar, Vereinigte Arabische … A strong layered economic partnership between the two parties would be beneficial for everyone. Gulf Cooperation Council It is an intergovernmental economic and political union. Information on Free Trade Agreement (FTA) Between India and Gulf Cooperation Council (GCC) is given by Department of Commerce, Ministry of Commerce and Industry. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.. The Gulf Cooperation Council (GCC) is an organization of six oil-exporting countries of the Persian Gulf that is also known as the Cooperation Council for the Arab States of the Gulf. }, PMJAY SEHAT scheme for Jammu and Kashmir residents. The GCC is a political and economic alliance of countries in the Arabian Peninsula. Created on May 25, 1981, the 630-million-acre (2,500,000 km 2) Council comprises the Persian Gulf states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.The unified economic agreement between the countries of the Gulf Cooperation Council was signed on November 11, 1981 in Riyadh.These countries are often referred to as The GCC States. Findings: Port of Sohar has a better opportunity to be the gateway of the Gulf Cooperation Council (GCC) States and all Cargo could have dropped in the port and transferred to other GCC States by road, rail and other transportation modes. India enjoys traditionally cordial relations and cooperation with the GCC. These countries declared that the GCC is established in view of the special relations between them. India was represented by the External Affairs Minister S Jai Shankar at the dialogue. Gulf Cooperation Council (GCC), political and economic alliance of six Middle Eastern countries—Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Construction Works Policy of ECGC. The cooperative council formed in 1981 to foster economic, scientific, and business cooperation. The Gulf Cooperation Council (GCC) as a collective entity has tremendous significance for India. "@type": "ImageObject", The geographic proximity of the these countries and their general adoption of free trade economic policies are factors that encouraged them to establish the GCC. 1) Second World Nations, 2) Third World Nations, 3) Fourth World Nations, 4) Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates, 5) NULL Insights about top Insights about top trending companies, startups, investments and M&A activities, notable investors of these companies, their management team, and recent news are also included. 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