Gulf Finance Ministers on Customs Union Progress

Gulf Cooperation Council (GCC) finance ministers discussed completing the requirements of the Customs Union and enhancing financial and economic cooperation among the member states, aiming to achieve economic integration. Saudi Finance Minister Mohammed Al-Jadaan chaired the 126th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council, held in Manama. The meeting focused on monitoring the progress of the Gulf Common Market pathways and developing coordination to address the economic challenges in the region. Additionally, during a meeting with the International Monetary Fund, the participants discussed the economic policy challenges amid geopolitical conflicts and ways to strengthen the resilience of Gulf economies.

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