EENI Global Business School

India-Gulf Cooperation Council Agreement


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Syllabus of the Subject: India-Gulf Cooperation Council (GCC) Free Trade Agreement (FTA)

  1. Introduction to the Free Trade Agreement (FTA) between India and the Gulf Cooperation Council (GCC)
  2. International Trade between India and the Gulf Cooperation Council (GCC)
  3. Trade Relations of India with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates

Transport Corridors:

  1. International Transport and Transit Corridor of the Ashgabat Agreement
  2. International North-South Transport Corridor (India-Russia)

Sample: India-Gulf Cooperation Council Free Trade Agreement (FTA)
India-Gulf Cooperation Council Free Trade Agreement

International North-South Transport Corridor (India-Russia) Iran, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan...

Description: India-Gulf Cooperation Council Free Trade Agreement (FTA).

Status of the India-Gulf Cooperation Council Free Trade Agreement (FTA): proposed/under consultation and study

  1. The Gulf Cooperation Council (GCC) is a customs union consisting of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates
  2. The Gulf Cooperation Council economies are the third largest trade partners of India, with exports to this region constituting 4% of the total Indian exports and imports of India from Gulf Cooperation Council region accounting for more 20% of the total imports of India
  3. The historical ties of India with the members of the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates), and the increasing the petrol and gas imports are growing international trade and investment opportunities.
  4. 3.5 million of Indian workers lives in the Gulf Cooperation Council region
  5. The economic and bilateral trade linkages of India with the Gulf Cooperation Council have augmented continuously in the 1970s, 80s and 90s, especially owing to petroleum imports growth
  6. In the last five years, the total trade of India with the Gulf Cooperation Council countries have risen by three (from USD 7 billion in 2000 to USD 19.3 billion)
  7. The Indian exports to the Gulf Cooperation Council have risen from USD 3.73 billion in 2000 to USD 11.22 billion
  8. Saudi Arabia is the second-largest trading partner of India in the Gulf region, having a share of 14. 6%.

The India-Gulf Cooperation Council Free Trade Agreement belongs to:

  1. Hindu Economic Area
  2. Islamic Civilisation

Gulf Cooperation Council Free Trade Agreements (FTA): European Union, Australia, EFTA...

Omani Free Trade Agreements: Gulf Cooperation Council (EFTA, European Union, India, Australia...), United States, Indian-Ocean Rim Association, TPS-OIC...

Indian Free Trade Agreements: Sri Lanka, Thailand, Indonesia, Singapore, ASEAN, South Korea, European Union, New Zealand, Africa-India, Mauritius, Canada, Australia, SACU, SAARC, BIMSTEC, IORA, APTA, ACU, EFTA, Chile, MERCOSUR, Andean Community...

Transport and Transit Corridor, Ashgabat Agreement, India, Iran, Kazakhstan, Oman, Pakistan, Turkmenistan and Uzbekistan



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