The Secretary-General of the Gulf Cooperation Council (GCC), H.E. Jasem Mohamed Al-Budaiwi, met with Malaysia's Minister of Investment, Trade and Industry, Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, on Sunday to discuss developments in the GCC-Malaysia Free Trade Agreement (FTA).
Held at the GCC General Secretariat headquarters in Riyadh
Reviewed trade, industrial, and investment relations between GCC states and Malaysia
Discussed preparations for the Malaysia-GCC Economic Forum
Took place ahead of Malaysia hosting dual summits on May 26-27 as ASEAN chair:
• ASEAN-GCC Summit
• ASEAN-China Summit (part of 46th ASEAN Summit events)
Malaysia currently chairs ASEAN (Association of Southeast Asian Nations)
The FTA negotiations represent growing economic ties between Gulf and Southeast Asian nations
Upcoming summits expected to further strengthen regional partnerships
Official Statement:
The GCC General Secretariat confirmed both parties examined ways to enhance economic cooperation, with Malaysia's ASEAN leadership creating new opportunities for multilateral engagement between the regions.