Gulf Corporation Council

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Introduction:

The organizations that are dealing in the trade and commerce would have playing the immense role within the nation. The ways through that people are much peculiar in order to maintain the trade work with the mutual relation beyond the boundary of their state. The system that includes the way s in that people are much acknowledged to work systematically and in order to maintain the relation with each other to provide the ease and facilities in the trade work.

The countries especially having the mutual border and culture are trying to maintain the relation with each other and provide the facilities and provide the work forces in order to systemize the structural need of the people. This is the progressive way through which people are much peculiar to notice this structural based work. The way through those officials of the governments provides the systematic structure and provides the work to systemize the trade and other policies which linked the business activities of the nations.

Gulf Corporation Council: (GCC)

This is the Gulf Corporation Council, this council would be established in Abu Dhabi on 25 May 1981, it includes the Persian Gulf states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The aim of the GCC would be much higher and playing the greater role in order to provide the facilities of the systematic work and maintain the structural work among these nation (Takagi, 2012).

When the Saudi Arabia invaded in the Bahrain then the problem arisen, the system that includes the system that includes the system and that provides the ease and facilities in this concern (Takagi, 2012).

http://www.24point0.com/ppt-shop/media/catalog/product/cache/1/image/512x512/d171120514cc7a43219401903acb5611/c/a/capital-ppt-map-of-gulf-cooperation-council-countries.jpgThe GCC provides the ease and comfort with less duty of tariff to those countries who are in consent to share the boundaries and help in realizing the business factor (Takagi, 2012).

Tenure

Name

Country

26 May 1981– April 1993

Abdullah Bishara

Kuwait

April 1993– April 1996

Fahim bin Sultan Al Qasimi

United Arab Emirates

April 1996– 31 March 2002

Jamil Ibrahim Hejailan

Saudi Arabia

1 April 2002– 31 March 2011

Abdul Rahman bin Hamad Al Attiyah

Qatar

1 April 2011– present

Abdullatif bin Rashid Al Zayani

Bahrain

2005

45.19

2010

56.56

The Harmonization of Relation:

The most indispensible article of GCC (Gulf Cooperation Council) is article number 4, that revealed that the alliance has been formed due for promotion and cooperation amongst the countries and citizens of the member nations. GCC (Gulf Cooperation Council) also has got the decision-making body that take the decision and controls the unbridle attitude of any nation against the member nation. Unanimous approval has been required for the adoption of decision of Supreme Leader. Thus every three months the ministers have been meeting and proposed new policies. Peninsula shield Force, joint military venture, intelligence sharing treaty pact 2004 is the core part of the GCC (Gulf Cooperation Council) on which they are implementing to utilize the best safeguard system (Takagi, 2012) .

Basic Objective of GCC:

  • To promote the monitory system of the Arab Emirates this was the GCC (Gulf Cooperation Council) at 2009 planted formula of similar currency like Euro lunched in single regional matters. The core and fundamental purpose of the GCC (Gulf Cooperation Council) are as follows with given graph.
  • To retaliate ion collaborated way against enemies of any of the member nations of GCC (Gulf Cooperation Council), promote amalgamated joint venture of forces and defence system.
  • To promote the economical system of the GCC (Gulf Cooperation Council) countries, establish the system of the new currency and free trade system amongst the member nations.
  • To exchange the technological advancement, like communication and other latest GPRS technology and telecommunication technology, including scientific achievement.
  • To promote the cultural inheritance and maintains the privileged of the Arabic Culture in entire member countries.
  • To raise the voice on the international forum to take the right and also to cooperate in environmental achievement (Takagi, 2012).

http://blog.securities.com/wp-content/uploads/2011/05/gcc-crude-oil1.jpg

The graph has been explained that the economical perspective of the GCC is more than all over the world. The oil export of his GCC countries is about the 29% in which the Saudi Arabia is one of the major exporters of crude oil (Christian Koch, 2010).

http://static.seekingalpha.com/uploads/2010/12/30/728914-129372607165012-Irfan-Chaudhry.jpg

This aforementioned graph has been revealing the accurate figure of the GDP of member countries of the GCC. This is the systematic work that including the programmed manner to analyze the system and to maintain the process more peculiarly. The 6 year graph is ample evidence that collaborated economy of the GCC has been ascent all over and it was at peak of $ 600000 million in 2008 (Christian Koch, 2010).

http://www.trbusiness.com/cache/images/middle%20east%20retail%20sales%202011-2016%20alpen%20capital13697503421369750342_thumb_medium430_.jpg

The increasing ratio of the sales retail and its positive anticipating tells the progress of the GCC in field of trade and commerce. However this ratio is quite more than the EU or any other alliance like SAARC or NAFTA (Christian Koch, 2010).

Tension in Relation:

With the cooperation and collaborating state the shamble of relation has also been seen. This is the entire process that controls the work and also makes the work more prominent. Protests have been escalated in March 2011. Bahrain’s Government has been overthrown by the Saudi Monarch, because of the security and law and order situation. The GCC member country Bahrain was Invaded by another GCC member country Saudi. Because of the dominancy Saudi Arabia poked his nose in the internal matter of Bahrain.

But the Peninsula Shield Forces did not take any action against the civilians of the Bahrain; thou the government regime of Bahrain would be halted. However the Bahrain Defence Force (BDF) was ready to retaliate by any confrontation on the border side.

On March 2014, Saudi Arabia, UAE and Bahrain withdrew their ambassadors from Qatar, after allegation of the interfering of Qatar on the internal matter of the neighbouring countries. After the competition the aftermath of the uprising of Egypt and Syria, Saudi Arabia once again falls in the close relation of the Qatar to improve the entire process of the GCC region. Although Saudi Arabia look Qatar as a major threat as she 10 years back grasped the minerals and resources of IRAQ after invading on it (Christian Koch, 2010).

GCC v/s Other Prominent Global Organizations:

North American Free Trade Agreement: NAFTA

North American Free Trade Agreement, this is between 3 countries of the western world having a mutual relation with USA. This bloc provides the great amount of the export and its criteria. This is the procedure that contributes a lot to maintain he system and to maintain the culture collaboration with that country. This is the programmed a having the culture coherence and collaboration with the systematic work in this criteria. The way through that people is much peculiar to trace the importance of this agreement more than all other. This agreement between Mexico, Canada and USA established and came into force on January 1, 1994. But due to the shamble relation of the Canada and USA and USA and Mexico the NAFTA has failed to achieved very good results as compare to GCC (Encyclopædia Britannica, 2-18-2014).

RCEP_GDP.pngEuropean Union: (EU)

It is the bloc that is more economical supporter to each of its member but in the matter of Ukraine now the matter is more cleared that this is not the economical wholesome but also the propagate and also the maintenance of the work, this is the structure that provides the systematic approach and that make the work more properly through. This is the 28- members of European stat (Encyclopædia Britannica, 2-18-2014)e.

The origin of the EU is considered as the, European Coal and Steel Community (ECSC) and the European Economic Community (EEC), then after having the agenda to provide the ease and to make the Europe one currency state country would be came into force in 1993 under the Maastricht Treaty (Encyclopædia Britannica, 2-18-2014).

However this is the more strengthen influential and dominant alliance of the European nations but in this the relation of various countries also leads to not achieve target effectively. Like the differences between France and Germany and Poland and Belgium. However the GCC is well competitor of the EU (Encyclopædia Britannica, 2-18-2014).

Treaties Information

-

Treaty of Paris

23 July 1952

-

Treaty of Rome

1 January 1958

-

Merger Treaty

1 July 1967

-

Treaty of Maastricht

1 November 1993

-

Treaty of Lisbon

1 December 2009

The Aim of the EU to provide the defence to their specific nation and to provide the ease in order to control the policies of the countries, it does not only provides the systematic structural work in trade to member countries but also assure the advancement and way of the criteria and way of the system to provide the information in this regards. Same the aim of GCC but the member countries are different (Sturm, Strasky, Adolf and Peschel, 2008).

The Economic and Monetary Community of Central Africa:

The Brazzaville Treaty in 1964 was the core foundation and pillar treaty of this organization. It was formed in the 1964 but the treaty became effective in the structural way of the system and maintains the work in this progressive work (Sturm, Strasky, Adolf and Peschel, 2008). This is the process through which people is much progressive way and to maintain the system. It promotes the free trade between the member state countries and also provides the systematic structural work to systemize it. The way through which people are much peculiar in order to make the system within the 5 countries of at the initial level, that were Cameroon, the Central African Republic, Chad, the Republic of Congo, and Gabon . Equatorial Guinea was the state joined this community later on 19 December 1983 (globalsecurity.org, 2014).

The aim of this organization is not only to promote the trade and commerce activities although this is considered as the one of the major aims but it has also with the property of to make those nations into the developing state (globalsecurity.org, 2014).

As this is the collaboration of developing countries so the GCC always at the leading point of the cultural inheritance of the developed countries (globalsecurity.org, 2014).

The Association of the Southeast Asian Nations: ASEAN

ASEAN is the unification of the 10 countries that makes the system more prominent and more reliable, this is the system that provides the system to indicates the strategically plan of minimize the threats of business among the Asian Nations. The GSP of the nations in 2013 was US$ 2.3trillion. ASEAN came into being on 8 August 1967 by Indonesia, Malaysia, the Philippines, Singapore and Thailand (globalsecurity.org, 2014).

T he way through whom the ASIAN nation works could be more prominent that has embraced the 8.8% of total population and 3% or the world’s area.

As ASEAN got the high range of population including basic country Singapore that having the more peculiar entertained the biggest port of the world with having the 100% literacy rate. The GCC is following the ASEAN. However the export of the oil (major product of world) has been exported by the GCC to get the GDP more (Sturm, Strasky, Adolf and Peschel, 2008).

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Conclusion:

The prose tells us that the system that are made by the nations through their mutual understanding and through mutual way. In a nut shell state are much peculiar in order to realize the system and also make the work more prominently. The epitome of the prose reveals that GCC is one of the prominent alliances of the world that has great influence on the global system of the world. The comparison is also the part of the conclusion.

References:

The Editors of Encyclopædia Britannica, (2-18-2014), GCC; Gulf States, retrieved from http://www.britannica.com/EBchecked/topic/249154/Gulf-Cooperation-Council-GCC

globalsecurity.org, 2014, Military, Gulf Cooperation Council [GCC] retrieved from http://www.globalsecurity.org/military/world/gulf/gcc.htm

Sturm Michael, Strasky Jan, Adolf Petra and Peschel Dominik, (2008), occasional paper series, European Central Bank, retrieved from http://www.ecb.europa.eu/pub/pdf/scpops/ecbocp92.pdf

Takagi, S. (2012). Establishing Monetary Union in the Gulf Cooperation Council:What Lessons for Regional Cooperation?ADBI Working Paper 390. Tokyo: Asian evelopment Bank Institute. Retrieved from http://www.adbi.org/files/2012.10.19.wp390.monetary.union.gulf.cooperation.council.pdf

Christian Koch, (2010) KAS international report, the GCC as a Regional Security Organization. Retrieved from http://www.kas.de/wf/doc/kas_21076-544-2-30.pdf?101110135754

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