VOL. XXXI

NO. 1

12-OCTOBER-1987

GCC-EC

GCC-EC Free Trade Pact Is Still Evasive

The meeting held last month in New York between representatives of the GulfCooperation Council (GCC) and the European Community (EC) does not seem to haveproduced any new framework for cooperation under which a free trade zone betweenthe two groups could become a reality in the near future. The EC's ExecutiveCommission has now apparently proposed a two-stage cooperation accord whichenvisages a free trade zone in the...