Monday, 14 May 2012

Gulf leaders look at tighter political ties - FT.com

Gulf Arab leaders have agreed to study further plans for closer political union as the six oil-rich monarchies close ranks to protect themselves from the turmoil in the region and confront Tehran’s influence.
“Leaders of the Gulf Co-operation Council have approved the call for a commission to continue studying in order to present final results [to a coming summit],” Prince Saud al-Faisal, Saudi Arabia’s foreign minister, said after a summit on Monday in Riyadh, dousing speculation that the leaders would move more quickly towards an EU-style political union. “The issue will take time . . . The aim is for all countries to join, not just two or three.”

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