- The MoU was signed on the mechanism of consultations between India and the GCC.
- India's economic ties with the GCC have gradually increased as a result of oil imports.
- During 2020-21, India’s imports from GCC were USD59.3 billion and its exports to GCC were USD28.06 billion.
- GCC is an intergovernmental economic and political alliance between the six Arab nations, Saudi Arabia, Kuwait, Oman, Bahrain, Qatar, and the United Arab Emirates.
- It was established in 1981 to promote economic, security, cultural, and social cooperation between the six Arab States. Its Secretariat is in Riyadh, Saudi Arabia.
Question:
Q.1 Recently an MoU was signed between India and the Gulf Cooperation Council (GCC). Which of the following countries is NOT a part of GCC?a. Iran
b. Kuwait
c. Qatar
d. Oman
