The Gulf Cooperation Council [GCC] was established in an agreement concluded on 25 May 1981 in Riyadh, Saudi Arabia between: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. These countries declared that the GCC is established in view of the special relations between them, their similar political systems based on Islamic beliefs, joint destiny and common objectives. The GCC is a regional common market with a defense planning council as well. The geographic proximity of the these countries and their general adoption of free trade economic policies are factors that encouraged them to establish the GCC.
I believe they are in common with OPEC
Gulf Cooperation Council (GCC) states - Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates, and Saudi Arabia
OPEC members Kuwait, Qatar, Saudi Arabia and the United Arab Emirates
2007-02-28 01:43:59
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answer #1
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answered by ♫Rock'n'Rob♫ 6
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Its a Council formed by the six Arab countries of the Gulf.
Its for economic, Islamic, political cooperation and other stuff.
But its biggest advantage for the local people is that the citizens of these countries don't need visas to travel and live in one of the other member countries.
2007-02-28 03:01:47
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answer #2
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answered by Anonymous
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It's an economic and social agreement between Bahrain, Kuwait, Qatar, United Arab Emirates, Saudia Arabia and Oman.
Here's some info concerning their objectives from Wikipedia......
formulating similar regulations in various fields such as economy, finance, trade, customs, tourism, legislation, and administration;
fostering scientific and technical progress in industry, mining, agriculture, water and animal resources;
establishing scientific research centres;
setting up joint ventures;
encouraging cooperation of the private sector;
strengthening ties between their peoples; and
establishing a common currency by 2010, the Khaleeji.
2007-02-28 01:45:40
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answer #3
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answered by tureeza 3
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What Is Gcc
2016-11-02 06:21:08
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answer #4
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answered by ? 4
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