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Sheikha Lubna discusses with Attiyah GCC's free trade negotiations

posted on 20/10/2008: 661 views

Minister of Foreign Trade HE Sheikha Lubna Bint Khalid Al Qassimi met in Abu Dhabi yesterday Secretary General of Gulf Cooperation Council (GCC) Abdul Rahman bin Hamad Al Attiyah.

At a meeting held at the Ministry headquarters, they discussed the GCC's unified march and the developments of its ongoing free trade negotiations with a number of regional blocks and countries.

Attiyah briefed Sheikha Lubna on the progress made so far in the negotiations with eleven countries and regional blocks for signing free trade agreements with them. Among them are European Union, Japan, China, Singapore, Turkey and Mercosur, South America's biggest trade bloc.

Sheikha Lubna stressed the importance of leading the negotiations with these groups into success by signing free trade agreements with them, as they will help boost the Gulf economies. Such agreements will create ideal opportunities in front of the economies of the Gulf States and attract foreign investment and technology transfer, benefiting the region's economic growth, she remarked. – Emirates News Agency, WAM


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