The 1st GCC Investment Forum has been opened here by Secretary General of the Federation of Chambers of Commerce and Industry of Gulf Cooperation Council (GCC) States Abdulrahim Hassan Naqi. Addressing the Forum, Naqi emphasized the importance of developing trade and economic relations between the GCC States and South Korea, noting that the trade exchange exceeded $ 112 billion last year. The forum was attended by Saudi Ambassador Ahmed Yunus Al-Barrak, and other GCC Ambassadors accredited to South Korea.