Loading FGCCC Logo
AAPL 31.88 🔺 +0.31
MSFT 17.92 🔺 +0.45
GOOGL 15.86 🔻 -0.02
TSLA 46.94 🔻 -0.05
AMZN 13.80 🔺 +0.09
META 21.04 🔻 -0.02
NVDA 21.04 🔺 +0.09
NFLX 12.11 🔻 -0.25
PYPL 48.22 🔺 +0.18
BABA 41.84 🔻 -0.28
TADAWUL:2222 28.64 🔺 +0.50
TADAWUL:2010 35.92 🔺 +0.44
TADAWUL:7202 29.85 🔻 -0.29
TADAWUL:8280 43.50 🔻 -0.30
EGX:COMI 30.33 🔺 +0.43
EGX:ESRS 31.87 🔺 +0.38
EGX:ORHD 23.64 🔻 -0.47
ADX:ETISALAT 21.85 🔻 -0.01

GCC Customs Union

The Federation

It is the zone where customs duties and restrictive trade regulations are eliminated among member states, while unified customs tariffs and trade regulations are applied uniformly toward external countries.

The GCC Customs Union is based on the following principles:

A — A unified customs tariff towards external countries.

B — A unified customs law system.

C — Adoption of uniform regulations and systems across GCC countries in relevant fields.

D — Unification of customs, financial, and administrative procedures related to import, export, and re-export within the GCC states.

E — A single entry point where unified customs duties are collected.

F — Free movement of goods between GCC countries without customs or non-customs restrictions, subject to veterinary and agricultural quarantine regulations, and prohibited or restricted items.

G — Treating goods produced in any GCC country as domestic products.

Link to the Electronic Portal:

Click here...