GULF COOPERATION COUNCIL (GCC)

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Context: External Affairs Minister S Jaishankar has signed a Memorandum of understanding (MoU) with the Secretary General of Gulf Cooperation Council (GCC) on the mechanism of consultations between India and the GCC.

Details:

• The External Affairs Minister, who reached Saudi Arabia on his two-day visit, addressed the Indian diaspora in Riyadh. He highlighted India's powerful efforts to actually grow its economy and move toward becoming a higher-income country.
• Dr Jaishankar noted that despite the challenges posed by the Ukraine crisis, India is confident that it will be the fastest growing major economy in the world this year with at least 7 percent growth.
• This is his first trip to the Kingdom as India's External Affairs Minister.

About GCC:

• The Cooperation Council for the Arab States of the Gulf, also known as the Gulf Cooperation Council (GCC) is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
• The council's main headquarters is located in Riyadh, Saudi Arabia.
• The Charter of the GCC was signed on 25 May 1981, formally establishing the institution.

https://newsonair.gov.in/News?title=India-signs-MoU-with-Gulf-Cooperation-Council-to-facilitate-consultation&id=447453