Trade and Economic relations between the EU and the GCC countries

06-12-2017

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 conference 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.

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 conference 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.

Awtur estern

Oliver CORNOCK, Managing Editor for the Middle East at the Oxford Business Group, UK. Dr Jean-François SEZNEC, Professor for the Middle East and Gulf region at Georgetown and SAIS Universities in Washington, US.