The United Arab Emirates (UAE) and Saudi Arabia have formed new economic and partnership group named Joint Cooperation Committee, separate from Gulf Cooperation Council (GCC).
This move that could undermine six-member GCC amid Saudi led Arab countries diplomatic crisis with Qatar as half of countries members are boycotting Qatar, accusing it for supporting and funding terrorism.
The new committee is assigned to cooperate and coordinate between UAE and Saudi Arabia in all military, political, economic, trade and cultural fields, as well as others in the interest of the two countries. It will be headed by Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and Sheikh Mansour bin Zayed Al Nahyan, UAE’s deputy prime minister and minister of presidential affairs, will serve as the Deputy Chairman of the committee.
Gulf Cooperation Council (GCC)
GCC is a political and economic alliance of six countries in Arabian Peninsula: Kuwait, Oman, Bahrain, Qatar, Saudi Arabia and UAE. It promotes economic, security, cultural and social cooperation between the six states and holds annual summit to discuss cooperation and regional affairs. The Charter of GCC was signed in 1981, formally establishing the institution. Its headquarter is in Riyadh, capital city of Saudi Arabia.
All current member states of GCC are monarchies, including three constitutional monarchies (Kuwait, Qatar and Bahrain), two absolute monarchies (Oman and Saudi Arabia) and one federal monarchy (UAE which is composed of seven member states, each of which is absolute monarchy with its own emir).