Download or read book The European Union and the Gulf Cooperation Council written by Adel Abdel Ghafar and published by Springer Nature. This book was released on 2021-08-03 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive assessment of the various dimensions of the relationship between the European Union and the Gulf Cooperation Council, and highlights how relations are yet to reach their full potential. Despite both parties sharing a number of common interests, including trade, energy, climate change, security and cultural cooperation, the multilateral cooperation framework remains limited, with most engagement taking place bilaterally, between individual European and GCC countries. The book reassesses the potential and prospects for the EU’s engagement with GCC countries based on the recalibration and reconciliation of both parties’ national and regional interests. Taking a thematic approach, each of the three sections of the book examines a key dimension of the relationship, its current status and its path forward.

Download or read book Trade and Economic Relations Between the EU and the GCC Countries written by Oliver Cornock and published by . This book was released on 2017 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU and the six member countries of the GCC have started negotiations for an FTA long ago, in 1990, suspended since 2008. Meanwhile, GCC countries, suffering from the drop in oil price since mid-2014, have engaged in extremely ambitious economic programmes for the diversification of their economies too dependent on hydrocarbons. Within the institutional economic dialogue set between the EU and the GCC countries, the European Parliament offered its diplomacy to organise this workshop in order to bring EU businesses closer to GCC institutional. Academic speakers, EU and GCC institutional as much as EU experienced companies praised for partnership instead of competition. This workshop opens the door to further initiatives of economic diplomacy by the European Parliament.

Download or read book Trade and Economic Relations Between EU and the GCC Countries written by and published by . This book was released on 2017 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU and the six member countries of the GCC have started negotiations for an FTA long ago, in 1990, suspended since 2008. Meanwhile, GCC countries, suffering from the drop in oil price since mid-2014, have engaged in extremely ambitious economic programmes for the diversification of their economies too dependent on hydrocarbons. Within the institutional economic dialogue set between the EU and the GCC countries, the European Parliament offered its diplomacy to organise this workshop in order to bring EU businesses closer to GCC institutional. Academic speakers, EU and GCC institutional as much as EU experienced companies praised for partnership instead of competition. This workshop opens the door to further initiatives of economic diplomacy by the European Parliament.

Download or read book Bridging the Gulf EU GCC Relations at a Crossroads written by Silvia Colombo and published by Edizioni Nuova Cultura. This book was released on 2014-05-27 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relations between the European Union (EU) and the Gulf Cooperation Council (GCC) are at a crossroads. After the derailment of the negotiations for the Free Trade Agreement (FTA) in 2008, the cooperation between the two regional blocs has remained low-key in a number of different areas, while the unprecedented changes that have taken place in North Africa and the Middle East, the common neighbourhood of the EU and the GCC, have not led to a renewed, structured cooperation on foreign and security policy issues. This volume addresses the shortcomings and potential of EU-GCC relations by taking stock of their past evolution and by advancing policy recommendations as to how to revamp this strategic cooperation. In this light, it highlights the areas where greater room for manoeuvre exists in order to enhance EU-GCC relations, discusses the instruments available and sheds light on the features of the regional and international context that are likely to significantly influence the new phase in the mutual relation between the two blocs. The book is the result of the research conducted in the framework of the project ‘Sharaka – Enhancing Understanding and Cooperation in EU-GCC Relations’ co-funded by the European Commission.

Download or read book The Gulf EU Trade Relationship written by Rodney Wilson and published by Emirates Center for Strategic Studies and Research. This book was released on 2002-03-12 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews trade and financial relations between the European Union and GCC countries during the 1980s and 1990s. It examines to what extent economic relations have depended on oil prices and explores how much changing policies can affect future relations. Although much of the past and current emphasis has been on trade liberalization, the relationship arguably needs to be seen in a broader context. There are, for example, very specific educational, skills-related, and training needs in the GCC states in which there is already much European involvement, although not at the EU level. There is also considerable financial interdependence between individual European states and companies and Gulf governments. The 1989 Cooperation Agreement sets out to strengthen the relationship between the EU and the GCC and to ensure that the exchanges are covered on an inter-regional rather than a country-by-country basis. Overall, the preconditions are beginning to be put in place for more successful EU-GCC relations, especially since the new mandate was introduced in July 2001. There is a need for broader discourse, but this should not be at the expense of tackling current problems.

Download or read book The Gulf EU Trade Relationship written by Rodney Wilson and published by . This book was released on 2002 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews trade and financial relations between the European Union and GCC countries during the 1980s and 1990s. It examines to what extent economic relations have depended on oil prices and explores how much changing policies can affect future relations. Although much of the past and current emphasis has been on trade liberalization, the relationship arguably needs to be seen in a broader context. There are, for example, very specific educational, skills-related, and training needs in the GCC states in which there is already much European involvement, although not at the EU level. There is also considerable financial interdependence between individual European states and companies and Gulf governments. The 1989 Cooperation Agreement sets out to strengthen the relationship between the EU and the GCC and to ensure that the exchanges are covered on an inter-regional rather than a country-by-country basis. Overall, the preconditions are beginning to be put in place for more successful EU-GCC relations, especially since the new mandate was introduced in July 2001. There is a need for broader discourse, but this should not be at the expense of tackling current problems.

Download or read book Trade Agreements and Trade Flows written by Scott Leonard Baier and published by . This book was released on 2004 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Exploring International Trade Between Malaysia and GCC Countries written by Mohd Fauzi Abu Hussin and published by . This book was released on 2010 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gulf Cooperation Council (GCC) is the largest economic group in the Middle Eastern region and rank seventeenth in the global economy. The establishment of a GCC custom union in 2003 that led to a flat rate of imports tax between 0 and 5 percent has encouraged a number of economic groups such as the European Union (EU) as well as other individual countries to have closed trade relations with the GCC economic bloc. Malaysia is also interested in expanding its trade relations with the Arab Gulf economies. As Muslim countries and members of the Organisation of Islamic Conferences (OIC), trade between Malaysia and the GCC countries is increasing and has lead to Malaysia?s proposal to expand this relation. Given this background, one of the main aims of this research is to explore in detail bilateral trade relations between Malaysia and the GCC countries and their determinants. In fulfilling this aim, this thesis examines Malaysia?s trade performances with the Arab Gulf region by analysing the trade intensity index and the revealed comparative advantage (RCA) index. These analyses reveal favourable countries for Malaysia to trade within the GCC, and also niche products for Malaysian exports. The competitiveness of Malaysian main products that are exported to the GCC countries is also compared to its rivals. To provide further evidence, surveys with Malaysian traders and authorities were conducted. The survey with Malaysian traders was purposely to measure their perceptions of the GCC economic bloc. The surveys also identify traders? motivation for doing business in this market as well as challenges and obstacles in expanding Malaysian exports to these economies. In collecting this evidence, the combination of a questionnaire and semi-structured interviews were employed to collect the primary data; and the data were analysed through interpretative and textual analysis along with statistical analysis including factor analysis. Based on the findings, it can be said that trade relations with the GCC countries is still insignificant in comparison to that with Malaysia?s major trading partners. Nevertheless, due to Malaysia?s niche products, expansion strategy of services sectors in both Malaysia and the GCC countries and the existence of favourable countries to trade in the GCC, these may create huge potential for expansion. The findings also reveal that, cultural differences and lack of capital have been the major problems for Malaysian businessmen in doing business with the GCC region. The findings also indicate that there is a growing interest in establishing a Malaysia?GCC free trade agreement as shown by Malaysian traders. Key findings from the aforementioned analyses are then constructed by employing a SWOT analysis based on the current trade relation between Malaysia and the Gulf countries in constructing viable recommendation for future relation between Malaysia and the GCC member within the aspirations of OIC.

Download or read book The Changing Composition and Direction of GCC Trade written by Rodney Wilson and published by Emirates Center for Strategic Studies and Research. This book was released on 1998-06-08 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade diplomacy has been much neglected in the Gulf. Yet, with power being increasingly a matter of economic muscle as well as military strength, and following the globalization of economic activity, new responses are needed from the GCC states. Wilson examines the changing trade patterns of the GCC, including export and import trends, the development of entrepôt trade and trade in commercial services. Trade between the GCC states is analyzed, and issues of Arab regional integration are considered. The GCC's commercial relations with Asia are discussed, as well as the stalled dialogue with the European Union. Finally, trade prospects are reviewed. Although there has been some successful export diversification, the GCC countries have not yet developed a trade strategy or used their considerable bargaining power effectively outside the OPEC arena.

Download or read book France and the Arabian Gulf written by The Emirates Center for Strategic Studies and Research and published by Emirates Center for Strategic Studies and Research. This book was released on 2007-10-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: France has had a long-standing and historically significant relationship with the Arab World. This relationship is bolstered by the growing volume of bilateral trade between France and the GCC states. From the French perspective, the Gulf states are major partners and interlocutors, hence political dialogue remains intense at all levels. Interpersonal relations remain positive, being rooted in friendship and confidence. Furthermore, France and the Gulf states hold convergent positions on almost all regional issues. There are growing commercial flows between the GCC states and France, which mainly imports oil and gas from these states. However, a more stable partnership can be established through investment. To encourage this, a legal framework is imperative to ensure the security of assets and fair returns on investments. French security commitments manifest themselves in three ways: through support in the fight against terrorism, contributions to the defense capacities of the GCC countries and a willingness to participate in a collective system to safeguard Gulf security. Since 1995, France has entered into defense agreements with Kuwait, Qatar and the UAE, and carefully monitors their implementation. Every Middle Eastern conflict is approached by France in a different way, based on the international situation and its past relations with the countries involved. Sometimes France opts to work on a bilateral basis (such as in Lebanon and Iraq), and sometimes within a multilateral framework. Nevertheless there are common attitudes and enduring principles that guide French engagement in the Middle East. French military cooperation in the GCC states is most developed with the UAE, followed by Qatar. Defense agreements concluded between France and these two Gulf states commit France to the defense of their sovereignty. In addition, regular high level military exercises and strategic exchanges take place via the joint military committees constituted under these bilateral defense agreements. Defense cooperation with the UAE, boosted to a great extent by the Offset Program, has opened up new avenues for cooperation in other economic and strategic fields. Although bilateral defense cooperation reached its apogee in the 1990s and now faces serious competition from the United States, such cooperation allowed major French industries in sectors such as water, electricity, transportation and communications, as well as health and education to export their expertise and participate in the training of local companies. The GCC has long sought to maintain and expand cooperative ties with the European Union (EU), which largely inspired its own model for regional integration. The political will to enhance EU–GCC cooperation appears to be present on both sides and is based on the recognition of common interests. Reinforced cooperation between the European Union and the Gulf Cooperation Council is an important element in facilitating constructive exchanges on the stabilization of the Middle East, the resolution of crises and a reorientation towards a multi-polar world order. Ultimately, bilateral French–Arab cooperation to defend their respective cultures must be preceded by close cultural relations between the parties and a spirit of equality, generosity and mutual desire.

Download or read book The Gulf Cooperation Council written by Linda Low and published by Institute of Southeast Asian Studies. This book was released on 2011 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gulf Cooperation Council (GCC) is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Possessing a significant share of the world's oil and gas reserves and including some of the world's fastest growing economies, the GCC is a significant regional grouping. As with the Association of Southeast Asian Nations (ASEAN), the Council has made significant progress towards economic integration. Seeking to draw out lessons applicable to ASEAN, this report looks at the structure and evolution of the GCC. This includes the context within which the Council was established, its rationale, and economic importance. It then follows the organization's development over time, paying particular importance to its progress from Customs Union and Common Market towards Monetary Union. The report then sets out the key challenges ahead for the Council, and concludes by highlighting the structural, organizational, and political lessons that resonate with ASEAN and its membership.

Download or read book EU GCC Trade and Investment Relations written by Rym Ayadi and published by . This book was released on 2013 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The EU and the GCC formalised their relations in 1988 with the signature of a Cooperation Agreement and the engagement in negotiations for a free trade agreement (FTA). Despite an ambitious framework, however, political and economic relations remain limited, as evidenced by the failure to conclude the FTA. Against this backdrop, and with the growing importance of the Gulf region's trade and investment relations with Europe and the geopolitical outlook of the Arab world, this paper analyses EU-GCC trade and investment patterns over the last two decades. The paper starts by providing a summary of EU-GCC relations. In the second section, it reviews patterns in bilateral trade and foreign direct investment, and goes on to assess both parties' interests and potential gains from concluding an FTA. Finally, it asks whether a free trade deal is likely between the regions and attempts to suggest avenues for strengthening economic and political cooperation.--

Download or read book Measuring the Economic Impact of an EU GCC Free Trade Agreement written by Dean A. DeRosa and published by . This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The European Union and the Gulf Cooperation Council written by Adel Abdel Ghafar and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive assessment of the various dimensions of the relationship between the European Union and the Gulf Cooperation Council, and highlights how relations are yet to reach their full potential. Despite both parties sharing a number of common interests, including trade, energy, climate change, security and cultural cooperation, the multilateral cooperation framework remains limited, with most engagement taking place bilaterally, between individual European and GCC countries. The book reassesses the potential and prospects for the EU's engagement with GCC countries based on the recalibration and reconciliation of both parties' national and regional interests. Taking a thematic approach, each of the three sections of the book examines a key dimension of the relationship, its current status and its path forward. Dr Adel Abdel Ghafar is a fellow in the Foreign Policy program at Brookings and at the Brookings Doha Center, where he was previously Director of Research. He specializes in political economy and his research interests include state-society relations, socio-economic development and foreign policy in the MENA region. Dr Silvia Colombo is Senior Fellow in the Mediterranean and Middle East and Italy's Foreign Policy programs at the Rome-based Istituto Affari Internazionali (IAI). She is an expert on Middle Eastern politics and in this capacity she is working on Euro-Mediterranean cooperation, EU-GCC relations, political and security developments in the MENA, conflict management and democratization, and gender and youth inclusion. .

Download or read book Building Closer Economic Ties Around the World written by Canada. Parliament. House of Commons. Standing Committee on International Trade and published by . This book was released on 2007 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The EU and the GCC written by and published by . This book was released on 2002 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Diversification in Oil Exporting Arab Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 2016-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and employment. Because oil is an exhaustible resource, new sectors need to be developed so they can take over as the oil and gas industry dwindles. Over-reliance on oil also exacerbates macroeconomic volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and improve prospects for future generations. Macro-economic stability and supportive regulatory and institutional frameworks are key prerequisites for economic diversification...