GCC proposes five-year economic aid to Jordan and Morocco

Concluding a meeting here today with foreign ministers of Jordan and Morocco, the GCC foreign ministers proposed a five -year economic development package for Jordan and Morocco.The ministers who held their 120th meeting here today raised a recommendation on the economic development programme to the GCC leaders so as to be passed in their upcoming summit, according to the final statement of the meeting. The statement said the ministers had also agreed to formulate two taskforces from the GCC Secretariat General and the Jordanian and Moroccan sides to commission feasibility studies for exploring and identifying avenues of joint cooperation and partnership.Finding of these studies, the statement added, would be submitted to the GCC Supreme Council for action.