Tuesday, 10 April 2012

gulfnews : Mohammad calls on GCC to ease restrictions on cross-border trade

Gulf nations will be better able to build a stronger and more competitive bloc once restrictions on cross-border trade are eased, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, said yesterday.
Shaikh Mohammad called for the GCC to remove obstacles to cross-border trade in order to strengthen the region's economies, saying that it was important for the Gulf nations to do away with procedures that hinder trade and economic openness among member countries, especially in the private sector.
He added that such openness would benefit GCC nationals, ensuring stability and a good life, and that achieving these objectives is what the GCC leaders are working for.

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