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Gulf Finance Ministers Review Customs Union Steps
Gulf finance ministers discussed completing the requirements for the customs union and strengthening financial and economic cooperation among the member countries, with the aim of coordinating economic policies and addressing regional challenges. Saudi Finance Minister Mohammed Al-Jadaan presided over the 126th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council in Manama. They approved a follow-up report on the Gulf Common Market, in addition to discussing the economic developments and challenges facing the region. Al-Jadaan also participated in a meeting with the International Monetary Fund to discuss enhancing economic resilience in the face of geopolitical shocks.
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