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Article: Roundup: Gulf Arab economic integration steps forward, obstaclesunsolved
- Article from:
- Xinhua News Agency
- Article date:
- December 4, 2007
CopyrightCopyright 2007 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Roundup: Gulf Arab economic integration steps forward,
obstaclesunsolved
DOHA, Dec. 3 (Xinhua) -- Six oil-rich Gulf Arab countries
announced the establishment of a common market at their annual
summit here on Tuesday in a big step forward along the economic
integration process, but major obstacles in adopting a common
currency left untouched.
COMMON MARKET ESTABLISHED
Abdul Rahman al-Attiya, Secretary General of the Gulf Cooperation
Council (GCC), announced the establishment of the Gulfcommon market
at the closing session of the GCC summit.
Reading out the Doha Declaration, al-Attiya said that the long-
anticipated common market will be brought into play from Jan. 1,
2008.
Launching the ...