Strengthening GCC-CCA Economic Cooperation

Author: Mr. Said A Bakhache, Mr. Francois Painchaud, Hoda Assem, Mr. Muayad Ismail, Jeong Dae Lee, Nasir H Rao, Mr. Alejandro Simone, Haytem Troug, Jarin Tasnim Nashin, and Nihal Haider

The publication outlines how GCC and CCA countries can deepen trade and investment by strengthening cross-cutting macroeconomic and structural policies. It provides a high-level roadmap for reforms that would support diversification and resilience in both regions.

Volume/Issue: Volume 2026 Issue 011

Publication date:

ISBN: 9798229036634

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Finance , Taxation - General , Economic Integration , Trade , Financial Development , Gravity Model , and Non-Tariff Measures , Foreign direct investment , Exports , Trade balance , Trade agreements , Gravity models , Central Asia , Asia and Pacific

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Summary

Heightened global uncertainty, geoeconomic fragmentation, and trade tensions have made deepening economic ties more important to boost growth and resilience. While economic ties between countries of the Gulf Cooperation Council (GCC) and the Caucasus and Central Asia (CCA) are still limited, deliberate policy actions could help expand and diversify trade and investment. This paper focuses on cross-cutting policies, which would benefit GCC-CCA bilateral economic ties and beyond.