Tuesday 12, May 2015 by Matthew AmlĂ´t

GPCA urges free trade deal between GCC and Europe

A comprehensive Free Trade Agreement between the GCC and the top 10 trading partners, including the European Union, could result in substantial GDP increases says GPCA. Just a removal of tariffs and reduction of non-tariff barriers would result in estimated $64.4 billion addition to GDP of Arabian Gulf economies, out of which $5 billion could arise from chemical exports alone.

Features & Analyses