Thursday 20 August 2015

GCC - Free Trade Agreement with EFTA

There is an interesting piece in the July 2015 newsletter of good friends Curtis, Mallet-Prevost, Colt & Mosle LLP on the implementation of the Free Trade Agreement between the European Free Trade Association and the GCC countries.

In brief the implementation of the Free Trade Agreement between the European Free Trade Association and the Gulf Cooperation Council will result in greater movement of trade in goods, services and government procurement contracts, where member states shall receive ‘most favoured nation treatment.’ The full length article which sets out more information is on their website here.

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