VOL XXXI

NO. 6

16-NOVEMBER-1987

GCC-EC

Zamil Rules Out Reciprocal Tariffs on EC Exports

The Saudi Minister of Industry and Electricity, Mr. 'Abd al-'Aziz al-Zamil,has said that the six-nation Gulf Cooperation Council (GCC) should not seek toimpose taxes or retaliate for European tariffs levied against Gulf petrochemicalexports. Speaking in a recent press conference, Mr. Zamil said "I believethat discussion should continue between the GCC and the European Community (EC),and that now more and more...