GCC

GCC-wide visa scheme studied

GCC-wide visa for visitors under study
By Saifur Rahman, Business News Editor

Dubai: A Schenghen-type visa scheme for international visitors coming to the Gulf and a facility to waive visas for expatriate residents across the six Gulf Cooperation Council (GCC) countries could accelerate the process of implementing a common Gulf market.

"This will help the regional integration plan," Dr. Mohammad Al Asoomi, an economist told Gulf News.

GCC common market launched 01 January 2008

Gulf states launch GCC common market

RIYADH (AFP) — The six oil-rich Gulf monarchies ushered in the new year on Tuesday by setting up a common market with a combined economy of 715 billion dollars.

The new regional economic grouping should ensure economic equality for Gulf Cooperation Council citizens, GCC Secretary General Abdulraham al-Attiyah said.

He described the launch as "historic" 26 years after the common market was first announced as an objective when the GCC was established in 1981.

Syndicate content