Kuwait city: The State of Qatar participated in the 124th meeting of the Financial and Economic Cooperation Committee of the GCC countries, held in the capital of the State of Kuwait. HE Minister of Finance Ali bin Ahmed Al Kuwari led the State of Qatar’s delegation participating in the meeting.
According to Qatar News Agency, the meeting approved the outcomes of the 85th meeting of the Committee of Central Bank Governors, the outcomes of the meetings of the Customs Union Authority, and the 15th meeting of the Committee of Tax Administrations. Discussions focused on the development of a comprehensive electronic system to serve all types of indirect taxes.
The meeting also addressed the latest developments in the negotiations of free trade agreements between the GCC countries and other nations and international blocs. Additionally, there was a focus on the programme for achieving economic unity among GCC member states by the year 2025. A number of topics of mutual interest to the GCC states were discussed, aimed at achieving economic integration and enhancing innovation and economic resilience in the face of common challenges.