Riyadh: The Sultanate of Oman took part in the inaugural meeting to discuss the national economic visions of the GCC member states, which took place on Wednesday at the Secretariat General headquarters in Riyadh.
The meeting covered several significant topics, particularly focusing on the common pillars within the national visions and the adoption of a unified Gulf vision for them. This involves aligning the targets of the national economic visions with the shared goals of the GCC, while respecting the national priorities and policies of the member states.
The Omani delegation was headed by Dr. Nasser Rashid Al Maawali, Undersecretary of the Ministry of Economy.
This meeting was convened in accordance with a resolution from the Permanent Preparatory Ministerial Committee for the Economic and Development Affairs Authority during its sixth meeting. The resolution called for a joint meeting at the senior officials' level from member states to generate recommendations on the best ways to achieve full mutual benefit in the realm of national economic visions and to establish a committee to oversee cooperation in realizing and implementing the economic visions in member states.
The committee's objectives include coordinating joint efforts in economic visions to attain integration in the GCC's common goals while maintaining the distinctiveness of each national vision. It also seeks to create regular dialogue platforms for specialized national bodies to share expertise and information on monitoring and implementing national visions, as well as to explore practical solutions for shared challenges in the monitoring and implementation of the economic visions.