Interview with the new GCC Secretary-General
As GCC Secretary-General and the first Bahraini and first military man to take office, HE Dr. Abdullatif bin Rashid Al-Zayani hopes to usher political and social reform.
April 3, 2011 1:11 by Precious de Leon
There is also the question of deepening and furthering the Gulf economic citizenship and the quest to reinforce the status of the Gulf countries in the international arena. In this context, Gulf action becomes a framework of comprehensive coordination and cooperation on all levels. It also achieves interconnection between member states in all fields in pursuit of unity. This has been stipulated by Article Four of the GCC Charter.
Q. Will the UAE refusal to join the currency union delay the emergence of this currency?
A. The common currency will be issued soon. Many of the administrative and organisational aspects have been dealt with and work is continuing to appoint teams and train them for their tasks.
However, I must refer to an important fact: joint action in the entire world progresses at different speeds and on multiple levels. The European experience is the best evidence of this. Not all European Union countries have joined the common European currency, the ‘Euro’. Great Britain, as a superpower, has not joined the European common currency yet.