Question

What is the argument about Gulf economic integration?

Answer 1

The argument about Gulf economic integration is that it would create an integrated environment among all the Gulf nations and the possibilities of increased trade, economic advancement, employment opportunities etc would be available for all the members of the Gulf. It would be a win-win situation for these nations and would lead to better coordination among them, thereby resulting in economic and political advancements of the member nations. Hence the supporters of the Gulf economic integration would argue that it is the need of the hour and extremely relevant in today's economic scenario and if these nations are integrated with each other, then they would be more strong and can compete with the global world in a better manner.