Friday, October 16, 2009

Muscat to host the Second Meeting of the eighty - Of the Financial and Economic Cooperation on October 16-17, 2009

Date: 12/10/2009

Muscat to host the second meeting of the eighty - Of the financial and economic cooperation

Secretariat - Riyadh: Participate Abdul Rahman bin Hamad Al Attiyah, Secretary General of the Cooperation Council for the Arab Gulf States, in the work of the eighth meeting of Their Excellencies at the meeting of the Committee on Financial and Economic Cooperation (Ministers of Finance) Gulf Cooperation Council for Arab Gulf States the eighty-second, which will be held in the Omani capital Muscat, will be held on 16 and October 17, 2009.

The Secretary-General of the Cooperation Council, said the ministers will discuss during their meeting a range of topics presented on the agenda, including follow-up to implement the decision of the Supreme Council at its last session on the speed performance and remove obstacles to the work of the Joint Economic Cooperation Council for the Arab Gulf States, and discuss the proposals on the economic aspects of the see the state of Qatar to activate the role of the cooperation, which included subjects of the customs union and common market and monetary union and the establishment of a joint bank for development and promotion of joint investments between the GCC countries, which are brought by the leaders of the council keeps God in the recent consultative summit in Riyadh.

The Secretary-General of the Cooperation Council, said he will also review the recommendations of the Committee of Governors of Monetary Agencies and Central Banks and the directors of the years the customs and the Commission of the Customs Union and the Commission on the Gulf Common Market, and the meeting will discuss the latest developments as well as negotiations with countries and economic groups. At the conclusion of his statement, concluded the Secretary General of the Cooperation Council, that, on the sidelines of this meeting be a joint meeting among the finance ministers and governors in the GCC States and the Executive Director of the International Monetary Fund to discuss the developments in global and regional economy.