As no one can predict the future, I will dedicate this to my aspirations for the Gulf Cooperation Council (GCC) and what it could be. India needs to safeguard its large economic, political and demographic stakes in the region. Formulating similar regulations in various fields such as economy, finance, trade, customs, tourism, legislation, administration. Gulf Cooperation Council was formed in 1981 in Riyadh, Saudi Arabia. This list of startups in Gulf Cooperation Council (GCC) provides data on their funding history, investment activities, and acquisition trends. Created on May 25, 1981, the 630-million-acre (2,500,000 km 2) Council comprises the Persian Gulf states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.The unified economic agreement between the countries of the Gulf Cooperation Council was signed on November 11, 1981 in Riyadh.These countries are often referred to as The GCC States. The Gulf Cooperation Council (GCC) is an organization of six oil-exporting countries of the Persian Gulf that is also known as the Cooperation Council for the Arab States of the Gulf. GCC members and India cooperation 4. The common political and security concerns of India and GCC translate into efforts for peace, security and stability in the Gulf region and South Asia. During 2015-16, India’s exports to GCC were US $ 41.71 billion. This opportunity is gained by the strategic location of Sohar Port outside of the Strait of Hormuz. Its primary decision-making entity is the Supreme Council, consisting of members’ heads of state. A regional intergovernmental political and economic union consisting of all Arab states of the Persian Gulf, except for Iraq. In short, the GCC offers tremendous potential for cooperation in trade, investment, energy, manpower, etc. There is a need to sufficiently diversify the India-Gulf economic ties so as to protect them from such shocks. Gulf Cooperation Council (GCC), political and economic alliance of six Middle Eastern countries— Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Consequently, the Gulf Cooperation Council (GCC) came into existence. The GCC’s substantial oil and gas reserves are of utmost importance for India’s energy needs. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Er wurde am 25. The Gulf constitutes the “immediate” neighbourhood of India separated only by the Arabian Sea. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Watch Queue Queue. Gulf Cooperation Council (GCC), political and economic alliance of six Middle Eastern countries— Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman. Watch Queue Queue "publisher": { The Gulf Cooperation Council (GCC) was established by an agreement concluded on 25 May 1981 in Riyadh, Saudi Arabia among Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE in view of their special relations, geographic proximity, similar political systems based on Islamic beliefs, joint destiny and common objectives. political and economic union consisting of all, There are six member states of the GCC, namely. "headline": "India-Gulf Cooperation Council", Mai 1981 in Abu Dhabi durch Kuwait, Bahrain, Saudi-Arabien, Katar, Vereinigte Arabische … Required fields are marked *. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.. Virtual Meeting 2. Notify me of follow-up comments by email. }, GCC (gulf cooperation council) and its relations with India GCC … Your email address will not be published. It is a regional intergovernmental group It deals with political and economic issues It includes all Arab states of Persian Gulf except Iraq Members: Bahrain Kuwait Oman Qatar Saudi Arabia UAE Established : 1981 HQ : Riyadh, Saudi Arabia All members are monarchies, including three constitutional monarchies (Kuwait, Qatar and Bahrain), two absolute monarchies (Oman … Member of GCC-Kuwait, Oman, Bahrain, Qatar, Saudi Arabia and UAE All current member states of GCC are monarchies The Gulf Cooperation Council (GCC) is a regional political organisation comprising the energy rich Gulf monarchies – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The Gulf Cooperation Council (GCC) was formed in 1981 to confront their security challenges collectively. The GCC's headquarters is in Riyadh, the capital of Saudi Arabia, its largest member. Support to Training & Employment Programme for Wom... Deen Dayal Upadhyay Grameen Kaushal Yojana (DDU-GKY), Shyama Prasad Mukherji Rurban Mission (SPMRM). Such conviction stems from the facts of geopolitics and faith in one destiny. GCC members and India cooperation 4. Transport Bubbles or Air Travel Arrangements 3. The geographic proximity of the these countries and their general adoption of free trade economic policies are factors that encouraged them to establish the GCC. Your email address will not be published. Creative Commons Attribution-NonCommercial-NoDerivs 2.5 India License. The emerging common security perceptions create further opportunities for GCC-India cooperation in the future. Conclusion. { Established in 1981, the GCC promotes economic, security, cultural and social cooperation between the six states and holds a summit every year to discuss cooperation and regional affairs. The basic objectives of the Cooperation Council are: To deepen and strengthen relations, links and areas of cooperation now prevailing between their peoples in various fields. Gulf Cooperation Council (GCC) GCC is a regional intergovernmental political and economic union consisting of all Arab states of the Persian Gulf , except for Iraq . The Gulf constitutes the “immediate” neighbourhood of India separated only by the Arabian Sea. Notes and Articles for preparation for UPSC Civil Services examination. HE Dr. Nayef Falah Mubarak Al-Hajraf, Secretary General of the Gulf Cooperation Council, received on Wednesday, 12 August 2020, in his office at the General Secretariat. What is Gulf co-operation Council (GCC)? The GCC countries are collectively host to a large Indian expatriate community. India, therefore, has a vital stake in the stability , security and economic well being of the Gulf. The GCC countries are moving ahead rapidly with their economic integration efforts. Deepening and broadening access to capital markets, debt, equity, bank and non-bank finance are a critical part of employment plans and local economic diversification, which are the top political and economic priorities across the GCC. "@type": "NewsArticle", Slight continuation from: answer to What is this Yemen crisis? The immediate objective was to protect themselves from the threat posed by the Iran-Iraq War and Iranian-inspired activist Islamism. "description": "The Gulf Cooperation Council (GCC) as a collective entity has tremendous significance for India. "mainEntityOfPage": { The GCC is a regional common market with a defense planning council as well. Secretariat General of the Gulf Cooperation Council The Cooperation Council for the Arab States of the Gulf GCC. Information on Free Trade Agreement (FTA) Between India and Gulf Cooperation Council (GCC) is given by Department of Commerce, Ministry of Commerce and Industry. GS2// Prelims// Map Description: 1. It has vast potential as India’s investment partner for the future. "@type": "ImageObject", The bilateral two-way trade during the period was  US$ 97.46 billion, registering a decline of about 27% over the previous year. "url": "https://civils360.com/wp-content/uploads/2020/07/loGO-1.png" For Mains: India’s involvement in the organization, need, significance and challenges. }, India enjoys traditionally cordial relations and cooperation with the GCC. Related Links. A strong layered economic partnership between the two parties would be beneficial for everyone. The US built military bases in UAE too in the early 21st century. About Gulf Cooperation Council: ... Gulf Cooperation Council,baliyans,upsc,currentaffairs,international relations, Insight Current Affairs. As per article 4 of the Charter, the following objectives have been set for the Council. India-Gulf Cooperation Council. "@context": "https://schema.org", Headquarters of GCC is at Riyadh in Saudi Arabia. The GCC’s activities have included joint security ventures and … The first GCC-India Industrial Conference was held  in Mumbai in February 2004, the second was held in Muscat in March 2006, the third was held in Mumbai in May 2007 and the fourth was held at King Abdullah Economic City, Jeddah in November 2015. Creation of bilateral free zones along Arabian Sea coast eventually leading to an India-Gulf Cooperation Council Free Trade Area. "author": { Highlights During the dialogue, India requested the members of GCC to ease the return of Indian professionals and workers to the Gulf countries. The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. ", Amid the more apprehensive and inward-looking world, trade wars between U.S and China, pandemic hit the pessimistic world, India and GCC have immense potential to create avenues of growth and stability. OFFERS ZONE. The Meeting of governing the GCC Ministers of Youth and. Its primary decision-making entity is the Supreme Council, consisting of members’ heads of state. MemberStates; MemberStates × Area. "@type": "Organization", To formulate similar regulations in various fields including the following: To stimulate scientific and technological progress in the fields of industry, mining, agriculture, water and animal resources; to establish joint ventures and encourage cooperation by the private sector for the good of their peoples. [61], Qatar's support for the Muslim Brotherhood across the Middle East-North Africa (MENA) region, Hamas and radical Islamists in Libya has led to increasing tensions with other Arab states of the Persian Gulf. Based on their conviction about the connected nature of their security and that an aggression against any one of them is deemed an aggression against all of them, cooperation in the military field has received the attention of the GCC states. Read more 12 August 2020. The Gulf Cooperation Council (GCC) as a collective entity has tremendous significance for India. The GCC is a political and economic alliance of countries in the Arabian Peninsula. In a series of meetings, chiefs of staff and defense ministers of the gulf states developed plans for mutual defense and launched efforts to form a joint command and a joint defense network. The US Military Bases in the Gulf Cooperation Council States: Dynamics of Readjustment 49 June 29). "dateModified": "2020-12-02" "@type": "WebPage", A Scheme for Promotion of Innovation, Rural Indust... Scheme of Fund for Regeneration of Traditional Ind... Mahila Kisan Sashaktikaran Pariyojana (MKSP). Transport Bubbles or Air Travel Arrangements 3. The GCC States are going through important changes and transformation; the process of understanding and integration is coming of age. Its member states are Bahrain, Kuwait, … Gulf Cooperation Council (GCC), political and economic alliance of six Middle Eastern countries that was established in 1981. gcc The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates . "logo": { India-GCC Free Trade Agreement (FTA) can provide a boost to the relations. Alongwith it the areas for cooperation are also widening beyond investments, trade & commerce and sharing & development of human resources to security. "@id": "https://civils360.com/2020/12/02/india-gulf-cooperation-council" Context: In a 1st, India invited to OIC meet as ‘guest of honour’. As a group, the GCC has been increasingly determining the economy, political and security policies of its member States. India Gulf Countries Relations UPSC - Visit IAS NETWORK to get complete guide of India Gulf Countries Relations UPSC now. 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