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Article: GCC Leaders End Summit with Vow to Strengthen Inter-member Ties
- Article from:
- Xinhua News Agency
- Article date:
- December 31, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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The six-member Gulf Cooperation Council (GCC) wrapped up their
two-day meeting in the Bahraini capital of Manama on Sunday after
discussing a wide range of issues concerning inter-member relations
and regional situation.
The GCC leaders touched upon for the first time the issue of a
single currency. They demanded that GCC central bank governors set a
timetable for the introduction of the projected currency. And it was
decided that a meeting of the finance ministers will be convened in
March to tackle details of the issue.
The leaders also dealt with other economic issues, including
allowing GCC nationals to own real estate in any of the member
states, aimed at expanding economic activities ...