VOL. XXXI

NO. 13

4-JANUARY-1988

GCC SUMMIT CALLS FOR ADHERENCE TO OPEC OFFICIAL PRICES WITHOUT DISCOUNTS

At their annual Summit Conference held in Riyadh On 26-29 December, the Headsof State of the six member states of the Gulf Cooperation Council (GCC) - SaudiArabia, Kuwait, the UAE, Oman, Bahrain and Qatar - issued a strong call foradherence to OPEC official prices and production quotas as laid down in lastmonth's Vienna agreement.

The final communique of the Riyadh Summit notes that the GCC...