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Home Public Finance International Relations GCC Economic Integration

GCC Economic Integration

Supporting the GCC Economy

In line with the principles of Gulf economic integration and the UAE’s active role in this area, the Ministry of Finance (MoF) supports the implementation of the Unified Economic Agreement among GCC countries. This includes advancing joint GCC economic initiatives and key projects such as financial integration, the establishment of a free trade zone, and the implementation of both the GCC Customs Union and the Gulf Common Market. The GCC is recognised globally as a strong economic bloc built on mutual cooperation among its member states.

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Department of the Cooperation Council for the Arab States of the Gulf Affairs

To support this vision, the Ministry established the Department of the Cooperation Council for the Arab States of the Gulf Affairs—a specialised department tasked with overseeing the implementation of economic integration projects. Its core responsibilities include:

  • Conducting studies and proposing strategies to enhance financial and economic integration with GCC countries, and to strengthen partnerships with the private sector on matters related to joint Gulf economic activities.
  • Monitoring the implementation of the Unified Economic Agreement, as well as decisions by the GCC Supreme Council and related ministerial committees, in coordination with relevant UAE authorities.
  • Participating in GCC committees and following up on the execution of their recommendations.
  • Overseeing the operation of the GCC Common Market, in accordance with decisions of relevant councils and committees.
  • Engaging in economic dialogue and meetings related to joint GCC projects and ensuring the implementation of outcomes.
  • Reviewing and monitoring draft framework agreements and free trade agreements between the GCC and external economic blocs or countries.
  • Analysing decisions and recommendations issued by the GCC and its committees and coordinating their implementation with federal and local authorities.
  • Promoting awareness and disseminating information on Gulf financial and economic integration and its benefits for citizens, institutions, and the private sector.
  • Collaborating with strategic partners to develop future plans and gather feedback to support the Gulf integration process.
Objectives of Gulf Economic Integration
Gulf economic integration is a core objective of the GCC, as outlined in Article IV of the GCC Charter. Key goals include:
Achieving coordination, integration, and interdependence among member states to maintain unity.
Strengthening relationships and enhancing cooperation across all sectors.
Harmonising regulations in economic, financial, commercial, customs, and transport fields.
Promoting scientific and technological advancement in economic sectors, supporting joint research and ventures, and encouraging private sector cooperation.
Gulf Integration and Facilitation

The structure of joint GCC economic cooperation begins with the GCC Supreme Council, supported by ministers and ad-hoc committees, with implementation carried out by dedicated follow-up bodies.

Gulf economic integration is driven by key principles such as the free movement of production, the removal of trade barriers, and the coordination and unification of economic policies. Significant milestones include the establishment of the GCC Free Trade Area in 1983, the Customs Union in 2003, and the Gulf Common Market in 2008. Ongoing efforts continue to focus on fulfilling the requirements for the Monetary Union and the eventual introduction of a single GCC currency.

The GCC member states follow a pragmatic and gradual approach to economic integration, implementing projects through a step-by-step process that clearly defines objectives and translates them into actionable programmes.

Federal Budget Framework
Gulf Common Market
The Gulf Common Market seeks via economic citizenship to achieve total equality among citizens of GCC countries in all fields, especially in relation to:
Residence and freedom of movement
Employment in public and private sectors
Social security and retirement
Occupational specialisation
Economic activities
Investments
Digital services
Real estate and property
Movement of capital
Tax treatment
Trade
Buying shares
Establishment of corporations
Education
Medical services
Social development
GCC Takamul

Integrated projects are implemented by specialised committees and task forces, as well as by the Ministry of Finance (MoF)—the designated authority in the UAE—and the Federal Customs Authority (FCA). However, complaints and obstacles arising from GCC economic cooperation are initially addressed at the level of member states through liaison officers, using a “bilateral solutions” approach.

If an issue cannot be resolved at the bilateral level, it is escalated to the relevant committee—either the Customs Union Joint Committee or the Common Market Joint Committee. If no resolution is reached in these phases, the matter is then referred to the Financial and Economic Cooperation Committee for further action.

In 2012, the MoF launched GCC Takamul, an electronic platform for submitting complaints and enquiries related to the Customs Union and Gulf Common Market. Accessible via the Ministry’s website, GCC Takamul connects 28 federal and local entities. The MoF has also established a national team comprising 34 federal and local authorities to support and promote Gulf economic and financial integration.

Federal Budget Framework

GCC Achievements

The GCC countries are committed to engaging with the global economy through a unified economic front, which strengthens the region’s international standing and enables its members to play an influential role in global economic decision-making.
The UAE has made significant contributions to joint GCC integration. Key achievements include:

Ranked 1st
in allowing GCC citizens to own real estate (76%)
Ranked 1st
in granting licences for economic activities to GCC citizens (86%)
Ranked 2nd
in attracting GCC nationals to work in the public sector (34%)
Ranked 2nd
in admitting GCC students to public education (30%)
Ranked 2nd
in intra-GCC trade, accounting for 22% of total exports and imports within the region

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