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The GCC Ministerial Council (89th session, December 2004) agreed to launch the FTA negotiations between the GCC and the Republic of India. In August 2004, the two parties signed a Framework Agreement on Economic Cooperation between them that included their approval of initiating the FTA negotiations.
Two rounds of negotiations were held between the GCC States and the Republic of India, in which many topics related to this agreement were discussed.
                       
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