GCC general secretariat, GMCO sign agreement

The General Secretariat of the Cooperation Council for the Arab States of the Gulf (GCC) and the Gulf Monetary Council (GMCO) signed on Tuesday a memorandum of understanding to enhance cooperation and joint action.
The memorandum was signed by Assistant Secretary for Economic and Development Affairs at the GCC Khalifa bin Saeed Al Abri and Executive Director of the Gulf Monetary Council Dr Atif bin Saleh Al Rashidi.
The signing of the memorandum was based on the decision of the esteemed Supreme Council at its 36th session in December 2015 in Riyadh, to adopt the vision of the Custodian of the Two Holy Mosques, regarding the promotion of joint Gulf action.