EU-GCC

The European Union and the Gulf Cooperation Council signed an Economic Cooperation Agreement in 1988 which laid the framework for the elaboration of a bilateral free trade agreement between the two regional blocs. Formal negotiations began in 1990 and are still not concluded.

While the EU has powerful economic interests in liberalising investment rules in the Gulf States, so that EU corporations may participate directly in the region’s oil, banking, telecoms, port services and other industries, political issues have been publically blamed for blocking agreement. These include demands from the EU with regards to fulfilling standards of democracy and human rights, as well as clauses on cooperation against terrorism and weapons of mass destruction. Human rights groups, such as the International Federation for Human Rights, have urged the EU to insist on respect for freedom of press, women’s rights and labour rights of migrant workers in the Gulf countries in return for any trade concessions granted through the FTA.

At the end of 2008, the GCC formally announced it was suspending the trade talks due to the EU’s insistence on political demands.

last update: May 2012
photo: European External Action Service - EEAS/CC BY-NC 2.0


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FCW | 14-Apr-2025
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The National | 11-Apr-2025
The UAE and the EU have agreed to begin talks on a potential trade deal, in what would be a landmark agreement for the two sides.
Tunisie Numérique | 11-Apr-2025
La présidente de la Commission européenne a annoncé le lancement officiel de négociations en vue d’un accord de libre-échange avec les Émirats arabes unis.
AGBI | 2-Dec-2024
European and Gulf officials are holding “informal” efforts to “revive” and even “upgrade” negotiations over a free trade agreement between the two blocks.
Gulf Times | 2-Dec-2024
Qatar has called for expediting negotiations on a free trade agreement between the Gulf Co-operation Council or GCC and the European Union.