Strengthening GCC-CCA Economic Cooperation
Departmental Papers, July 7, 2026
Source details
- Canonical URL
- Strengthening GCC-CCA Economic Cooperation
Other formats
Bibliographic details
- Authors: Said A Bakhache, Francois Painchaud, Hoda Assem, Muayad Ismail, Jeong Dae Lee, Nasir H Rao, Alejandro Simone, Haytem Troug, Jarin Tasnim Nashin, Nihal Haider
- Published: July 7, 2026
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9798229036634.087
Summary
- Heightened global uncertainty, geoeconomic fragmentation, and trade tensions have made deepening economic ties more important to boost growth and resilience.
- Economic ties between countries of the Gulf Cooperation Council (GCC) and the Caucasus and Central Asia (CCA) are still limited.
- Deliberate policy actions could help expand and diversify trade and investment.
- The paper focuses on cross-cutting policies, which would benefit GCC-CCA bilateral economic ties and beyond.
Key findings
- Current GCC-CCA bilateral economic ties remain limited (no numerical trade or investment figures provided on the landing page).
- Deepening ties is increasingly important in the context of:
- Heightened global uncertainty
- Geoeconomic fragmentation
- Trade tensions
- Cross-cutting policy measures can expand and diversify trade and investment between GCC and CCA countries.
Policy focus and implications
- Emphasis on cross-cutting policies that would:
- Benefit GCC-CCA bilateral economic ties
- Provide spillovers beyond GCC-CCA relationships
- Policy areas highlighted on the landing page (subjects/keywords):
- Balance of payments
- Exports
- Foreign direct investment
- International trade
- Tariffs
- Taxes
- Trade barriers
- Trade in services
Content in this bundle
- Strengthening GCC-CCA Economic Cooperation; Departmental Paper No. 26/011; July 2026