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Business / Qatar Business

Qatar participates in 125th Meeting of Financial and Economic Cooperation Committee of GCC

Published: 15 May 2026 - 10:24 am | Last Updated: 15 May 2026 - 10:27 am
Minister of Finance H E Ali bin Ahmed Al Kuwari during the the 125th Meeting of the Financial and Economic Cooperation Committee of the GCC held virtually yesterday.

Minister of Finance H E Ali bin Ahmed Al Kuwari during the the 125th Meeting of the Financial and Economic Cooperation Committee of the GCC held virtually yesterday.

The Peninsula

Doha, Qatar: Minister of Finance H E Ali bin Ahmed Al Kuwari headed the State of Qatar’s delegation participating in the 125th Meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council (GCC), which was held yesterday via videoconference, in the presence of Their Excellencies the ministers of the GCC member states.

During the meeting, the outcomes of the GCC Central Bank Governors Committee meeting, the meetings of the GCC Customs Union Authority, the meeting of the Committee of Heads and Directors of Tax Departments in the GCC member states, and the meeting of the GCC Common Market Committee were reviewed.

The meeting also considered the General Secretariat’s report on the measures taken in light of the current circumstances, as well as key regional and international economic developments. In addition, it discussed the mechanism for implementing decisions related to measures to combat unfair practices in international trade. 

The meeting further addressed the progress of negotiations on free trade agreements between the GCC member states and other countries and international blocs, and followed up on the latest developments regarding the achievement of economic unity among the GCC member states.

Meanwhile H E Ali bin Ahmed Al Kuwari, Minister of Finance, headed the State of Qatar’s delegation participating in the Ninth Meeting of the Permanent Preparatory Committee at the Ministerial Level of the Economic and Development Affairs Authority of the Gulf Cooperation Council (GCC), which was held yesterday via videoconference, in the presence of Their Excellencies the ministers of the GCC member states.

The meeting featured discussions on a number of priority economic and development issues within the framework of strengthening Gulf integration and supporting sustainable development paths among the GCC member states. Participants reviewed the latest economic and developmental developments. 

In addition to discussing areas of joint cooperation in achieving and implementing the economic visions of the GCC states, in a manner that contributes to enhancing economic competitiveness and supporting the Gulf region’s growth and economic diversification efforts.

The meeting also addressed the annual report of the Office of the Economic and Development Affairs Authority and reviewed key initiatives and programmes aimed at strengthening joint Gulf action and advancing economic and development integration among the GCC member states.