Brussels, 15/10/2001 (Agence Europe) - The finance ministers of the GCC (Gulf Co-operation Council: Saudi Arabia, Bahrain, Arab Emirates, Kuwait, Oman and Qatar) propose bringing forward implementation of their customs union to 2003. Meeting in Rhyadh over the weekend, they also decided to create a single currency in 2010.
Planned for end-2000, the Customs Union was postponed to 2005 by the Heads of State in December 1999. Whereas they were close to their goal, the GCC General Secretariat...