Arab Today, arab today intergcc trade volume reaches 1212bn
Last Updated : GMT 19:46:07
Arab Today, arab today
Arab Today, arab today

Inter-GCC trade volume reaches $121.2bn

Arab Today, arab today

Arab Today, arab today Inter-GCC trade volume reaches $121.2bn

Foreign trade
Doha - QNA

The trade exchanges among the GCC member states rose by 14 percent to USD 121.2 billion in 2013 from USD 106.5 billion in the previous year, an economic report said. 
The bilateral trade exchanges among the GCC member states have grown remarkably and steadily since the inception of the GCC Customs Union in January, 2003, according to the report, issued by the GCC Secretariat's information sector on Thursday, Kuwait news agency KUNA reported. 
The inter-GCC trade volume went up from USD 15 billion in 2002 to USD 23 billion the following year when the customs union took force, reflecting a 25 percent increase. 
Similarly, the GCC common market, which was launched in January, 2008, contributed to the growth of the trade volume from USD 29 billion in 2004 to the current USD 121.2 billion, according to the report. 
The GCC common market turned to be one of the world's largest economic blocs with a total population of 47 million, an aggregate GDP of USD 1.6 trillion and total foreign trade of USD 1.4 trillion, it added.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today intergcc trade volume reaches 1212bn Arab Today, arab today intergcc trade volume reaches 1212bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today intergcc trade volume reaches 1212bn Arab Today, arab today intergcc trade volume reaches 1212bn

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday