GCC, EU finalize plan for joint work 2 Riyadh

The Secretary General described cooperation in the proposed work plan as
involving economic collaboration through continued cooperation with the GCC
central bank and the monetary union of Gulf states to learn from European
experience, investment cooperation through encouraging investment exchange
between them, as well as cooperation in sea, land and air transport, energy and
electricity sectors, higher education and scientific research, setting up
programs of higher studies at Gulf universities focusing on specialized modern
science subjects such as the peaceful use of nuclear power and genetic
engineering.


The gathering will discuss Wednesday forming a joint team to combat money
laundering and terrorism funding and submit proposals to the joint work
committee, and also address developments in the oil market and the two
parties’ energy policies.


--SPA