The 7th round of China-Gulf Cooperation Council (GCC) FTA was closed in Guangzhou on May 8-10. The Chinese Vice Minister of Commerce Wang Shouwen and the Chief Coordinator for GCC FTA negotiations and the Vice Minister of Finance of Saudi Arabia led a delegation attended the negotiation.
During the 3-day negotiation, the two parties had in-depth discussions on the issues like service trade, investment, economic and technological cooperation and the remaining problems on goods trade. The negotiation has gained positive progress.
