EU-tekstit
Joint Statement following the first European Union-Gulf Cooperation Council Summit
The summit took place on 16 October 2024 in Brussels under the theme "Strategic partnership for peace and prosperity''
EU-GCC Cooperation Agreement, 1989
An exchange of letters in 1989 established the Cooperation Agreement between the EU and the Gulf Cooperation Council (GCC). The Agreement - officially titled the "Cooperation Agreement between the European Economic Community, of the one part, and the countries parties to the Charter of the Cooperation Council for the Arab States of the Gulf (the State of the United Arab Emirates, the State of Bahrain, the Kingdom of Saudi Arabia, the Sultanate of Oman, the State of Qatar and the State of Kuwait) of the other part" - was signed in Luxembourg on 15 June 1989 and entered into force on 1 January 1990.
The treaty provided for extensive cooperation in a number of fields (economy, agriculture, fisheries, industry, science, energy, technology, environment, etc.) and in particular for the transfer of technology by means of joint ventures and the joint analysis of the oil, gas and petroleum products markets. Regarding trade, the Agreement provides only for the most-favoured-nation clause.
The treaty provided for extensive cooperation in a number of fields (economy, agriculture, fisheries, industry, science, energy, technology, environment, etc.) and in particular for the transfer of technology by means of joint ventures and the joint analysis of the oil, gas and petroleum products markets. Regarding trade, the Agreement provides only for the most-favoured-nation clause.