Gulf states, the EU to convene 12th meeting on free trade

It was decided to convene the 12th meeting of the joint cooperation committee between the Gulf Cooperation Council (GCC) member states and the European Union EU during April, 2001 in Brussels and this meeting to be coincided with the meeting of the political dialogue at the level of experts.

The negotiations' coordinator general Jebara al-Sweisari called for quickly reaching a final formula of the free trade agreement.

He explained in a statement he made in Abu Dhabi that the exports of the GCC to the EU can be classified in three main commodities which are petrochemicals, Aluminum and refined oil products, noting that liberalizing these items will be the awaiting for main results of the GCC free trade agreement with the EU.

He stressed the GCC demands to cancel the European fees imposed on Aluminum products.