40th Session of GCC Supreme Council Issues Final Communique 5 Riyadh

  • 2/5/2023
  • 07:14
  • 12
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21- The Council assigned the GCC Financial and Economic Committee to accredit and implement the necessary decisions related to the joint action in the field of customs union, including the amendments of the unified tariff, added value, selective tax, joint stock market and combat of harmful practices in international trade. 22- It assigned the competent ministerial committees in charge of non-custom restrictions to review the unified guide to releasing foreign goods at the first entry inlets of the GCC countries according to customs unified requirements, within a limited period. 23- The Supreme Council endorsed the cultural strategy for the GCC countries for the coming decade 2020 - 2030 as well as the labor and labor force strategy for the term 2020 - 2025. 24- The Council approved the unified regulation for real estate owners for a preliminary four years as well as the guide to the best experiences in the field of housing finance. 25- The Council approved the domestic regulation and budget for the translation and Arabization and taking care of the Arabic language in Muscat. 26- The Council confirmed keenness to continue assistance to Arab and friendly countries all through the world. --More 21:18 LOCAL TIME 18:18 GMT 0048 www.spa.gov.sa/w1226178

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