GCC Founders Established Roadmap For Phased Gulf Integration And Unity, Says Jasem Albudaiwi

The Gulf Cooperation Council (GCC) has been following a strategic path for regional integration since its inception, as outlined by its founding leaders. This roadmap has been further advanced by the current council leaders, according to GCC Secretary-General Jasem Albudaiwi. His comments were made during a panel session at the World Governments Summit 2025 in Dubai, UAE.

Albudaiwi highlighted that the GCC has launched various initiatives to boost economic diversification and sustainable development. These efforts aim to foster innovation, create an attractive investment climate, and achieve comprehensive development. Joint Gulf projects are also in place to strengthen productive ties between member states and achieve economic integration.

During the session, Albudaiwi emphasized the importance of integrated economic policies among GCC countries. These policies cover infrastructure projects and essential services like transport, communications, electricity, information technology, health, education, tourism, and the oil and gas industry. Such initiatives are crucial for achieving economic diversification and sustainable growth.

The panel discussion featured notable participants including UAE Minister of State for Financial Affairs Mohamed Al Hussaini, UAE Minister of Economy Abdullah bin Touq Al Marri, Bahrain's Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa, and IMF Managing Director Kristalina Georgieva. The session was organized by the GCC General Secretariat in collaboration with the UAE Ministry of Finance.

Albudaiwi also addressed the GCC's dedication to promoting international peace, security, stability, and sustainable development both regionally and globally. He underscored the need for enhanced international cooperation to tackle global challenges effectively. The GCC remains committed to peaceful conflict resolution while respecting state sovereignty.

He noted that significant structural changes have occurred within GCC economies recently. These economies have shifted from being predominantly oil-dependent to more diversified and resilient structures. Economic reforms have improved the business environment, attracted investments, and bolstered the private sector's role in development.

Advancements in Infrastructure

According to Albudaiwi, advancements in infrastructure, financial systems, and economic legislation have strengthened the region's ability to adapt to global changes. "Economic reforms have contributed to improving the business environment," he stated. "The region has also seen advancements in infrastructure."

The GCC states are focused on achieving sustainable structural transformation by supporting innovation and enhancing manufacturing industries. Developing the services sector and investing in modern technologies are key priorities. The shift towards a digital economy is now an essential part of future growth strategies.

"The shift towards a digital economy and the development of smart infrastructure have become essential components of future growth strategies," Albudaiwi said. This transition is expected to enhance global competitiveness for GCC countries.

The session underscored how these efforts contribute significantly to enhancing global competitiveness while meeting current and future generations' needs. The commitment shown by GCC states reflects their resolve to address regional challenges effectively through cooperation.

With inputs from SPA