Saturday 20 October 2012

Reduce trade barriers to spur regional growth - The National

King Mohamed VI of Morocco is to arrive in the UAE on Monday, with a dozen advisers and ministers, as part of a tour of four GCC capitals. There is a lot to discuss - but trade, and particularly trade in food - should top their list.

The visitors' hope to find funding for development projects in Morocco, a country where GDP per capita is about $5,000 (Dh18,350). That's less than a quarter of the figure for Bahrain, which is by this measure the least prosperous GCC state.

That disparity, along with the obvious matter of geography, suggests that progress may be slow towards the notion, first mentioned in public 18 months ago, that Morocco (along with Jordan) might join the GCC. The proposal has been under study, with no visible progress, ever since.

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