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Old January 21st, 2016, 03:29 PM   #21
Kutsuit
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China, Gulf to speed up free trade talks

http://www.al-monitor.com/pulse/cont...my-trade.html#



Quote:
China and the oil-dependent Gulf monarchies said on Wednesday they would accelerate talks on a free trade deal which has been under negotiation for more than a decade.

The announcement, in a joint statement, came during a visit to Saudi Arabia by Chinese President Xi Jinping.

"China and the GCC (Gulf Cooperation Council) have decided to accelerate the pace of negotiations, review the progress made and hold the next round of negotiations in the second half of February 2016," the statement said.

"China and (the) GCC also commit themselves to work closely to conclude a comprehensive Free Trade Agreement within the year of 2016."
Quote:
The GCC comprises Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and Saudi Arabia.

Trade between the Gulf and China, the world's second-largest economy, has been growing.

Two-way trade between China and Saudi Arabia alone reached $69.1 billion in 2014, according to China's official Xinhua news agency.

Plunging global oil prices are forcing economic reforms in the traditional ly oil-dependent Gulf economies, as China expands its economic and political ties with the Middle East.
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Old January 22nd, 2016, 12:21 AM   #22
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GCC working on joint missile defense: Bahrain

http://english.alarabiya.net/en/News...e-Bahrain.html

Quote:
Gulf Arab states are cooperating on regional missile defense and hope to announce the results soon, a Bahraini officer said on Wednesday, suggesting progress in long-stalled efforts to create a cross-border approach to counter Iran's growing missile capabilities.
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Old April 9th, 2016, 07:59 PM   #23
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مقارنه مساحة الخليج باوربا

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Old May 5th, 2016, 01:34 AM   #24
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Gulf States put brakes on joint-GCC railway plan

http://www.alaraby.co.uk/english/ind...c-railway-plan

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Old May 5th, 2016, 02:53 AM   #25
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Sad news indeed

However, Oman should be more interested in going forward with the project. If tourism is their post-oil big economy, a railway for Gulf (especially Saudi) tourists is essential.
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Old March 16th, 2017, 10:29 PM   #26
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Quote:
Originally Posted by hamadx View Post
Sad news indeed

However, Oman should be more interested in going forward with the project. If tourism is their post-oil big economy, a railway for Gulf (especially Saudi) tourists is essential.
Absolutely.

I am working in Muscat at the moment and the scenery is spectacular. The people are lovely.

What Oman needs is a decent public transportation system for tourists and residents alike.
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