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GCC’s 158th Ministerial Meeting to be Held in Qatar on Monday

The Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi
The Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi
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GCC’s 158th Ministerial Meeting to be Held in Qatar on Monday

The Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi
The Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi

The Secretary General of the Gulf Cooperation Council (GCC), Jassem Mohamed Albudaiwi, has confirmed the convening of the 158th Ministerial Meeting in Qatar on Monday.

This gathering serves as preparation for the 44th session of the Supreme Council of the GCC, slated to take place in the Qatari capital, Doha.

Sheikh Mohammed bin Abdulrahman Al Thani, Qatari Prime Minister and Minister of Foreign Affairs, holds the chairmanship for this current session, with the participation of the GCC Ministers of Foreign Affairs.

Albudaiwi clarified that the GCC ministerial meeting will discuss various reports, including the implementation status of decisions issued by the Supreme Council of the GCC during the 43rd summit in Riyadh, as well as memoranda and reports presented by ministerial and technical committees along with the General Secretariat.

The meeting's agenda extends to topics concerning dialogues and strategic relations between the GCC nations and other countries and blocs. Furthermore, it will address the latest developments in the region and the world.

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Gulf

Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.