Saudi Arabia’s finance minister, Mohammed bin Abdullah Al-Jadaan, has stressed the need for the promotion of the joint Gulf action, with the need to raise the pace of coordination among all GCC states to establish the customs union and implement the tracks of the Gulf common market, leading to the economic unity by 2025.
The Ministers of Finance and Economy of the Gulf Cooperation Council (GCC) states held virtually the meeting of the Financial and Economic Cooperation Committee.
During the meeting, the ministers reviewed the progress made on issues related to strengthening the financial and economic cooperation among the GCC states.
The meeting was chaired by the Minister of Finance, Chairman of the current session, Mohammed bin Abdullah Al-Jadaan, and the participation of GCC Secretary-General Nayef Falah Al-Hajraf, and several officials and specialists.