His Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), affirmed that the GCC countries always seek to enhance their economies and strive to open new global markets through cooperation with countries and organisations around the world, in a way that contributes to the benefit and welfare of their peoples.
"The GCC and Hong Kong are keen on strengthening economic, trade, and investment relations, given the economic strength and influence they both possess, which will contribute to achieving their common goals," His Excellency added.
This came during His Excellency's meeting with Her Excellency Ms. Margaret Fong, Executive Director of the Trade Development Council, and Her Excellency Ms. Maggie Wong, Director-General of Trade and Industry in Hong Kong, each separately, on Friday, April 26, 2024, in Hong Kong.
During the meetings, several vital economic aspects were discussed, including promoting trade relations between the GCC countries and Hong Kong, highlighting the importance of enhancing these relations to open new prospects in the trade, economic, and investment fields.
In addition, Her Excellency the Director-General of Trade and Industry in Hong Kong presented a briefing on the trade exchange indicators between the GCC countries and Hong Kong as well as discussed the idea of signing a free trade agreement between the two sides.
These meetings by His Excellency the Secretary General in Hong Kong come as part of the efforts of the GCC to enhance external trade and economic relations and open new avenues for international cooperation, with the aim of achieving more growth and prosperity in the GCC countries.