
Muscat: The Committee of Undersecretaries of GCC Ministries of Finance held on Thursday its 76th meeting via videoconferencing.
The meeting aimed to review a number of topics related to enhancing the march of economic and financial cooperation and integration among the Council states.
The Sultanate of Oman was represented at the meeting by Abdullah Salim Al Harthy, Undersecretary of the Ministry of Finance.
During the meeting, the outcomes of the meetings of relevant Gulf committees were discussed, including the Committee of Governors of GCC Central Banks, the Customs Union Authority, and the Committee of Heads and Directors of Tax Administrations, as well as the outcomes of the meeting of the GCC Common Market Committee.
The meeting discussed the latest developments in free trade agreement negotiations between the GCC states and other countries and international blocs, as well as updates on the agreement linking payments among GCC states, along with the studies and projects whose preparation is being followed up by the Economic and Development Affairs Authority Office within the framework of supporting economic and developmental integration among the Council states.
The meeting also touched upon developments in the programme for achieving economic unity among GCC states, and following up on the implementation of decisions from the 125th meeting of the Financial and Economic Cooperation Committee, thereby contributing to supporting the pathways of joint Gulf action in financial and economic fields.
The convening of the 76th meeting of the Committee of Undersecretaries of Ministries of Finance comes within the framework of preparing for the 126th meeting of the GCC Financial and Economic Cooperation Committee, and following up on financial and economic topics and dossiers of common interest among the Council states.
The meeting was attended by a number of officials from the Ministry of Finance, the Royal Oman Police (ROP), and the Tax Authority.