Al-Marzouq attends GCC-level economic committee meeting

12/10/2026 04:59 AST

The State of Kuwait participated Sunday in the 10th meeting of the Permanent Preparatory Committee at the ministerial level of the Economic and Development Affairs Authority of the Gulf Cooperation Council (GCC) in Manama.

The Kuwaiti delegation was headed by Minister of State for Economic Affairs and Investment and Acting Minister of Commerce and Industry, Abdulaziz Al-Marzouq. The meeting, hosted by the Kingdom of Bahrain, was chaired by Bahraini Minister of Finance and National Economy, Sheikh Salman bin Khalifa Al-Khalifa, and attended by the GCC economy ministers and GCC Secretary-General, Jasem Al-Budaiwi.

The meeting discussed several joint financial and economic issues, most notably the completion of the roadmap for achieving Gulf economic unity to enhance economic integration among the GCC states. It also reviewed progress on the implementation of the plan and the operational mechanism of the timetable for building the Gulf economic model.

Furthermore, the meeting reviewed updates on the program "Forecasting Future Prospects for Integration in the Economic and Development Fields for 2027," in addition to studies and projects being pursued by the Economic and Development Affairs Authority.

Finally, the meeting discussed the results of the proposed training programs to simulate economic crises, which aim to enhance the GCC states' preparedness to address future economic challenges. The ministers affirmed their agreement on the topics on the agenda, emphasizing the GCC states' commitment to consolidating economic cooperation and strengthening common ties in line with their leaders' aspirations for greater integration within the joint Gulf action process and enhanced preparedness to confront economic crises.

At the conclusion of the meeting, the ministers agreed to submit the recommendations to the Economic and Development Affairs Authority, stressing the importance of continuing to bolster cooperation among the GCC states in a way that serves common interests and supports economic and developmental integration.

AFP