Strengthening GCC–CCA Economic Cooperation

2026

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AI-generated summary

1) This paper analyzes the potential for enhanced economic cooperation between the Gulf Cooperation Council (GCC) and the Caucasus and Central Asia (CCA) regions, identifying key policy reforms to boost trade and foreign direct investment.
2) * Examines the current state of economic ties, including trade in goods and services, and capital and financial flows between the GCC and CCA.
* Assesses the trade and investment enabling environment in both regions, covering factors such as tariffs, nontariff measures, governance, logistics, and regulatory burden.
* Presents empirical findings on the drivers of bilateral trade and foreign direct investment, offering policy recommendations for strengthening economic cooperation.
3) GCC, CCA, economic cooperation, trade, foreign direct investment

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