Page 47 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 1)
P. 47

Press Release





               H.E.  Bin Touq  said: “The topics discussed by the  Committee reflect  GCC’s  determination to

               strengthen joint action and  drive further  economic integration.  Through  these efforts, we are

               developing the institutional and legal frameworks that underpin GCC’s economic integration, in
               addition to diversifying our partnerships with major global economies, reinforcing the status of the

               member states as an influential force in the international economy.”


               The meeting discussed mechanisms for enhancing cooperation between the GCC member states

               and major economic blocs to support their presence in global markets. It also explored efforts to
               bolster the investment environment, alongside the development of unified GCC trade legislation.

               This includes the competition law and the regulatory framework for e-commerce and digital trade,
               aimed at enhancing legislative resilience and supporting digital economy as a key driver of future

               growth. Initiatives to support entrepreneurship were also presented.


                                                                            nd
               Moreover, the Committee reviewed the preparations for the 2  ministerial meeting between the
               GCC and  Chinese  ministers of economy and trade. The  upcoming meeting  will  explore  new
               prospects for cooperation and ways to expand economic and investment partnerships between the

               two sides.


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