U.S. trading partners in Asia are closely watching the dispute for signs of how it may affect their own interests.
Barbara Weisel
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The economic success of Gulf regional integration depends on increased cooperation within the service sector and improved administrative capacity in GCC countries.
The Gulf Cooperation Council (GCC) represents one of the oldest and most ambitious regional trading agreements. Its member states—Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates—account for some 40 percent of world oil reserves.
The Gulf Cooperation Council's (GCC) ability to fulfill its role as driver of economic growth in the region would be enhanced by the following action points:
Former Senior Associate, International Economics Program
Dadush was a senior associate at the Carnegie Endowment for International Peace. He focuses on trends in the global economy and is currently tracking developments in the eurozone crisis.
Lauren Falcão
Former Junior Fellow, Trade, Equity, and Development Program
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
U.S. trading partners in Asia are closely watching the dispute for signs of how it may affect their own interests.
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