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Saturday, 10 October 2026|Licensed by the Ministry of Information, No. 366-2019|Est. 2019
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18 May 2025Economy

GCC Secretary-General Discusses FTA Developments with Malaysian Investment Minister..

أمين (مجلس التعاون) يبحث مع وزير الاستثمار الماليزي مستجدات اتفاقية التجارة الحرة..

GCC Secretary-General Discusses FTA Developments with Malaysian Investment Minister..

The Secretary-General of the Gulf Cooperation Council (GCC), H.E. Jasem Mohamed Al-Budaiwi, met with Malaysia's Minister of Investment, Trade and Industry, Senator Tengku Datuk Seri Utama Zafrul Abdul Aziz, on Sunday to discuss developments in the GCC-Malaysia Free Trade Agreement (FTA).

Meeting Details:

  • Held at the GCC General Secretariat headquarters in Riyadh

  • Reviewed trade, industrial, and investment relations between GCC states and Malaysia

  • Discussed preparations for the Malaysia-GCC Economic Forum

  • Took place ahead of Malaysia hosting dual summits on May 26-27 as ASEAN chair:
    • ASEAN-GCC Summit
    • ASEAN-China Summit (part of 46th ASEAN Summit events)

Key Context:

  • Malaysia currently chairs ASEAN (Association of Southeast Asian Nations)

  • The FTA negotiations represent growing economic ties between Gulf and Southeast Asian nations

  • Upcoming summits expected to further strengthen regional partnerships

Official Statement:
The GCC General Secretariat confirmed both parties examined ways to enhance economic cooperation, with Malaysia's ASEAN leadership creating new opportunities for multilateral engagement between the regions.

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