Syllabus of the Subject: India-Gulf Cooperation Council (GCC) Free Trade Agreement
Introduction to the Free Trade Agreement (FTA) between India and the Gulf Cooperation Council (GCC);
Foreign Trade between India and the Gulf Cooperation Council (GCC);
Trade Relations of India with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The Subject “India-Gulf Cooperation Council Free Trade Agreement” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
India-Gulf Cooperation Council Free Trade Agreement (FTA).
Status of the India-Gulf Cooperation Council Free Trade Agreement (FTA): proposed/under consultation and study.
The Gulf Cooperation Council (GCC) is a Customs Union consisting of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates;
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;
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;
3.5 million of Indian workers lives in the Gulf Cooperation Council region;
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;
In the last five years, the total trade of India with the Gulf Cooperation Council countries have risen by three;
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: