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Background and context of the study

Version 2 2024-06-17, 16:04
Version 1 2015-11-09, 10:30
chapter
posted on 2024-06-17, 16:04 authored by D Chadee, H Roxas, T Rogmans
This chapter provides the necessary background and context for the study. Australia and the Gulf Cooperation Council (GCC) states have a long history of trade and investment activities between them. Trade and investment have evolved gradually over the years. However, the acceleration of globalisation and the resulting changes taking place in the structure of the world economy have led many small economies such as Australia and the GCC states to engage strategically with their trading partners in order to remain an integral part of the global economy. Australia and GCC started to negotiate a free trade agreement (FTA) in 2007 with negotiations slowing down for a number of years. Recently, Australia has shown a strong determination to conclude a successful FTA with the GCC. Such a prospect raises a number of interesting questions regarding the potential benefits of a successful Australia–GCC FTA which is the subject of this research.

History

Chapter number

1

Pagination

1-8

ISBN-13

9781137479884

ISBN-10

1137479884

Language

eng

Publication classification

BN Other book chapter, or book chapter not attributed to Deakin

Copyright notice

2015, The Authors

Extent

6

Editor/Contributor(s)

Chadee D, Roxas H, Rogmans T

Publisher

Palgrave Macmillan

Place of publication

Houndsmill, Eng.

Title of book

Prospects and challenges of free trade agreements : unlocking business opportunities in Gulf Cooperation Council (GCC) markets

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