RIYADH, Feb 9 (NNN-KUNA) — The Saudi-Qatari Economic Forum has affirmed here that both nations are keen on developing ties within the economic sphere as a step reflecting solidarity amongst the GCC states.

Saudi Arabia and Qatar both called for the increase of commercial exchange and economic ties for the benefit of both countries.

GCC Secretary-General Abdulrahman Al-Attiyah affirmed in his speech to the forum that the Saudi and Qatari leadership were setting their goals for a better economic and financial cooperation amongst countries in the region.

The GCC’s most outstanding achievement was to increase commercial exchange amongst Gulf states to USD 27 billion, an increase of 20 per cent within the last decade, said Al-Attiyah who also shed light on the joint GCC market which is an equally important achievement.

The commercial exchange between Qatar and Saudi Arabia reached USD 1.9 billion in 2008.

– NNN-KUNA

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