Persian Gulf and GCC

  • June 8, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Subject: IR

Context:

As the pandemic stifles economic activity, experts kept warning of a much harsher recession in the Gulf.

Concept:

  • Persian Gulf, the body of water is surrounded by eight countries Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates

GCC

  • The Gulf Cooperation Council (GCC) is a political and economic alliance of six countries in the Arabian Peninsula: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
  • Established in 1981, the GCC promotes economic, security, cultural and social cooperation between the six states and holds a summit every year to discuss cooperation and regional affairs.

 

GCC IR