Trade Inaugural EU summit seeks GCC support to isolate Russia By Reuters October 16, 2024, 1:53 PM Alamay via Reuters GCC foreign ministers, seen here with the US secretary of state Tony Blinken are due to meet their EU counterparts for the first time Strategic alliance hopes Stand on Russia sought Trade and investment hopes The EU holds its first summit with the Gulf Cooperation Council states on Wednesday, part of a diplomatic push for far-flung friends as it enlists international support to isolate Russia. Since Moscow’s invasion of Ukraine, the 27-member EU has reached out to other regional blocs, holding its first summit with Asean countries and its first for eight years with the Celac group of Caribbean and Latin American countries. Its aim in meeting the six GCC states is to make the relationship more strategic, recognising those countries’ influence particularly in conflicts in Ukraine and the Middle East. “The Gulf region is at the crossroads between Asia, Europe and Africa. It plays a very important role in many of the crisis of today,” a senior EU official said. An EU-GCC partnership would cover trade and investment, renewable energy, regional security and citizen issues such as visas. Russian oil dilemma may kickstart EU-GCC trade deal UAE to revive EU trade talks before year-end Morocco-EU trade in turmoil after court ruling Though Brussels wants the GCC partners to agree to strong language on Russia’s military assault on Ukraine, it is not expecting them to fully adopt its position in blaming Moscow. The two blocs are arguably closer on the Middle East, where the EU is calling for a ceasefire in Gaza and broader de-escalation. Talks on an EU-GCC free trade agreement, which began 35 years ago, have been suspended since 2008, with disagreement over the openness of public tenders and on oil products. However EU officials said there were other avenues for trade and investment cooperation. The UAE has also quietly urged the EU to start talks on a separate trade pact together, Reuters reported in March. One request from the Gulf side is visa liberalisation. Currently no EU visas are required for short stays for UAE citizens, while those of other Gulf nations need to secure a visa valid for five years.