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Gulf Cooperation Council

Last modified: 2013-04-04 by peter hans van den muijzenberg
Keywords: gcc | gulf cooperation council | international organizations |
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[Gulf Cooperation Council flag]
image by Zoltán Horváth, 26 October 2002

See also:


Overview

The Cooperation Council for the Arab States of the Gulf (CCASG), alsoknown as the Gulf Cooperation Council (GCC; ), is a political and economic union involving six Arab states of the Persian Gulf with many economic and social objectives. Not all of the countries neighbouring the Persian Gulf are members of the council; Iran and Iraq are currently excluded, although both nations have a coastline on the Gulf. Among the stated objectives are:
- 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 centers;
- setting up joint ventures;
- unified military presence The Peninsula Shield
- encouraging cooperation of the private sector;
- strengthening ties between their peoples; and
- establishing a common currency by 2010
(However, Oman announced in December 2006 it would not be able to meet the target date. Following the announcement that the central bank for the monetary union would be located in Riyadh and not in the UAE, the UAE announced their withdrawal from the monetary union project in May 2009. The name Khaleeji has been proposed as a name for this currency. If realised, the GCC monetary union would be the second most important supranational monetary union in the world in terms of GDP, after the euro area)

It was established on May 25, 1981, and its member States are:

  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
    Source: http://en.wikipedia.org/wiki/Gulf_Cooperation_Council
    For additional information please see:
    Cooperation Council for the Arab States of the Gulf - Secretariat General (official website)
    Esteban Rivera, 19 March 2011


    Description of the flag

    The flag of the Gulf Cooperation Council (Majlis at-T'awwan ad-Diwal al-Khalij al-'Arabiyah) is based on an emblem find at http://www.gcc-sg.org/index_e.html
    Zoltan Horvath, 26 October 2002

    There is a better resolution image of the GCO (Gulf Cooperation Council) flag
    The flag is seen here: http://en.wikipedia.org/wiki/File:GCC_Flag.svg
    Esteban Rivera, 19 March 2011