Cooperation Council For The Arab States Of The Gulf at Business Glossary
What is it? The Cooperation Council for the Arab States of the Gulf (GCC) was established on May 25, 1981. It joined the 6 states of the United Arab Emirates, State of Bahrain, Kingdom of Saudi Arabia, Sultanate of Oman, State of Qatar and State of Kuwait. The frameworks focus is on acheiving a state of unity in all fields among its member states. It also stresses a furthering of relations and cooperation among member states and provides a platform to address security and economic development chanllenges.Business Dictionary Term Definition Added By: Seth
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