Finance and National Economy Minister and Minister of Industry, Commerce and Tourism Minister hold press conference

Manama, November 7 (BNA) The Minister of Finance and National Economy Sheikh Salman bin Khalifa Al Khalifa said that the number is 114^NS The meeting of the GCC Financial and Economic Cooperation Committee and the joint meeting with the GCC trade ministers stem from the Gulf achievements in all fields, including the financial and economic sectors, which contributed to supporting development in the member states.

This came during a press conference held with the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani on the sidelines of the 114th meeting.^NS Meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council.

The Minister of Finance and National Economy said that the meeting discussed the role of the customs union in supporting intra-GCC trade, with a focus on negotiations on free trade agreements between the GCC countries and other economic blocs.

He announced the opening of the electronic window (the integration of the Gulf Cooperation Council), which aims to respond to inquiries, observations and proposals related to the Gulf common market, which reflects progress towards achieving Gulf economic citizenship.

In his speech at the press conference, Al Zayani said that these joint meetings represent an opportunity to exchange ideas and aspirations that contribute to supporting tourism strategies in the Gulf Cooperation Council countries.

He stressed the continuation of cooperation through Gulf programs aimed at supporting economic development, pointing to the GCC states’ efforts to enter a new phase by signing free trade agreements as a unified economic bloc.

He referred to the start of free trade negotiations between the Gulf Cooperation Council countries and the United Kingdom, adding that Bahrain launched a tourism strategy within the framework of the economic recovery plan.

The Minister of Finance and National Economy highlighted challenges, including the novel coronavirus (Covid-19), stressing the importance of continued coordination and constructive cooperation among the GCC countries.

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