Australia-Gulf Cooperation Council (GCC) FTA
About the Australia-Gulf Cooperation Council Free Trade Agreement negotiations
Australia and Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) share a significant economic relationship, encompassing trade and investment across a broad range of goods and services. The GCC is a key market for agricultural exports such as livestock, meat, dairy products, vegetables, sugar, wheat and other grains.
Free Trade Agreement negotiations with the GCC commenced in July 2007. Four rounds of GCC-Australia FTA negotiations were held, with the last one held in June 2009.
Negotiations were subsequently put on hold while the GCC conducted a review of its FTA policies. No recommencement of negotiations has occurred, and no progress is expected on an FTA with the GCC while the intra-Gulf tensions, which commenced in June 2017, remain unresolved.
Last updated: June 2020.