The GCC Leaders ended here today their second closed-door session under the chairmanship of Sultan Qaboos of Oman. During the session, the Leaders reviewed a number of topics on its agenda including economic issues in the light of the developments being witnessed by the world economy in addition to the fluctuations of the oil prices at the international oil market as well as issues pertaining to the gulf common market and means of activating the mechanism of the market and the customs union. The leaders of the Gulf Cooperation Council (GCC) States also reviewed the political developments in the Gaza strip following the recent Israeli escalations, relations with Iran and the situation between Pakistan and India. The leaders reviewed the final communiqué and the Muscat declaration. The GCC is made up of Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman.
