Saturday, 27 October 2012

GCC officials call for faster flow of trade - The National

GCC officials have called for the removal of barriers blocking the flow of trade and faster economic growth in the region.

Rules covering such matters as product standards and customs procedures have served to inhibit trade within the region.

"There are barriers to trade. We are making more progress in the GCC than elsewhere in the Arab world [to boost trade] but there's still more that can be done," said Abdulaziz Alkelaibi, the head of the World Trade Organisation unit at the GCC Secretariat, on the sidelines of a recent seminar in Dubai to discuss closer Arab trade integration.

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