VOL. XXXVIII
NO. 2
10-OCTOBER-1994
Financial and Banking News
Investment Activities
GCC Drops Secondary And Tertiary Boycott Of Israel
The six-nation Gulf Cooperation Council (GCC) - Saudi Arabia, Kuwait the UAE,Oman, Bahrain and Qatar - announced on 30 September that it will no longerenforce the secondary and tertiary aspects of the Arab League's boycott ofIsrael and will support moves to lift the boycott entirely. Welcoming the GCCdecision, the US Secretary of State, Mr. Warner Christopher, said...
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