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Monday, 23 November 2009 06:59 UAE time

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Gulf states to review free trade talks

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 25 November 2008

Gulf Arab states will discuss a possible slowdown in free trade talks with foreign partners pending further studies, the secretary general of the six-member Gulf Cooperation Council (GCC) said on Tuesday.

"A memo from the foreign ministry of Kuwait... urges a slowdown in holding new rounds of negotiations with states and economic blocs to conclude free trade agreements pending an overall review of the usefulness of such agreements for the council member," Abdul-Rahman Al Attiyah said according to a copy of his speech at a GCC meeting in Muscat.

Al Attiyah also said that the global financial crisis called for more coordination and economic integration among Gulf Arab states. (Reuters)

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