The GCC and Syria are preparing to finalise a free trade accord, the regional bloc’s headquarters announced in Riyadh Monday.
The accord’s GCC negotiator Yussif Al Saadun held a meeting with a Syrian delegation, led by assistant minister of economy and commerce Mohammed Habash, on Sunday in Riyadh, said a GCC statement carried by the Saudi Press.
The agreement, which must be approved by all the six GCC states and Syria before coming into effect, stipulates in its 19 clauses the exemption of customs duties for goods produced by the concerned countries. (menareport.com)
© 2004 Mena Report (www.menareport.com)
