GCC Condemns Proposed EC Energy Tax; Welcomes Improved Free Trade Offer
The Gulf Cooperation Council (GCC) - Saudi Arabia, Kuwait, the UAE,Oman, Bahrain and Qatar - last week threatened to take retaliatory measuresagainst the European Community (EC) if the latter adopts its proposed tax onenergy consumption designed to reduce pollution. The warning was issued at theGCC-EC meeting in Brussels on 20-21 January when the EC presented new proposalsfor a speedier...
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