GCC Task Force first meeting focuses on FDI

MANAMA, 0 hours, 40 minutes
ago

The Mena Centre for Investment in Bahrain in cooperation with GCC-Stat, Oman and the UN Conference on Trade and Development (UNCTAD) recently held a special task force meeting on foreign direct investment statistics in Bahrain.

The meeting was attended by representatives of central banks, statistical and financial entities of five GCC Countries and also the GCC Secretariat. The task force meeting will look into harmonizing statistical efforts between all GCC Countries under the umbrella of GCC-Stat with the help of UNCTAD.

This is the first official meeting of this programme.  This initiative will look into creating a work plan and road map strategy for coordinating GCC Direct and Portfolio investment for 2015 to 2020.

The main areas of interest are identification of statistical initiatives and projects of common interest and possible avenues of cooperation. This programme will result in the creation of national country teams that will help to implement the program in their respective countries. – TradeArabia News Service