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GCC leaders highlights integration, unity in 30th summit declaration
デュ健クウェート財務相ムスタファアルによるシャマリ火曜日湾岸協力会議（gfffmonetary連合協定発効クウェートトンムスタファアルでは、現在の30日gccの首脳会議になっている公式クーナ報道機関で、アルシャマリにいくつかの発言をしたgccの中央銀行総裁どうやらその2日間の収集時にイニシアチブを再生しようとせずに、宣言を発行したが、最終的には、圏の首脳は、湾岸通貨トンを発行する中央銀行の確立のためのスケジュールを打ち出すこと通貨問題トンには移動に近いユーロ圏へのスタイルの単一通貨に触れると、それは油を取る可能性があります輸出歳を調整するとの姿勢と金融は、エンドトン、1981年に設立のための政策の交渉はは、gccのグループはバーレーン、クウェート、オマーン、カタール、サウジアラビア、アラブ首長国連邦（UAE）の6つのメンバーは、最大の原油は、世界と世界の石油埋蔵量の45％程度のポケットの中に地域の輸出の上に座っていると1日あたりの原油16万バレルトン圏に貢献トン2001 2010で共通通貨の実現への努力、地域統合トン通貨準備sfyfrocketing gccのメンバーと外部とセメントの間の貿易拡大に加え、収支のバランスの改善には、単一通貨トンを作成するための肯定的な要因があること加盟国では、近年、世界的な金融危機のインフレ率の変動の加盟国の個々の経済上の統一通貨を発行するの副作用には、共通の通貨トンの懸念についても今後の計画湾トンの手順を妨げ、金融組合との準備が遅れている単一通貨、すぐに十分な時間の準備のため、アルシャマリ首脳会談の見解トン日前までによると、首長によってエコーされる必要がなかったのが発売さそうにない
by du jian kuwaiti finance minister mustafa al-shamali said tuesday the gulf cooperation council (gfffmonetary union pact has gone into effect during the 30th gcc leaders' summit in kuwait city t in few remarks to the official kuna news agency , al-shamali said the central bank governors of the gcc would hammer out a timetable for the establishment of a central bank that would ultimately issue the gulf currency t however , leaders of the bloc apparently tried to play down that initiative during their two-day gathering and issued a declaration without touching upon the currency issue t although moved closer toward a euro-style single currency , it may take the oil-exporters years to coordinate and negotiate their stance and monetary policies for that end t founded in 1981 , the gcc groups bahrain , kuwait , oman , qatar , saudi arabia and the united arab emirates (uae) t the six members sitting atop the largest crude exporting region in the world and pocket around 4.5 percent of the global oil reserves and contribute 16 million barrels of crude per day t the bloc in 2001 decided to materialize a common currency by 2010 , in efforts to boost trade between gcc members and outside and cement regional integration t sfyfrocketing monetary reserves , along with an improvement in the balances of payments are positive factors for creating the single currency t however , the fluctuating inflation in member countries in recent years and the global financial crisis have delayed the monetary union and preparations for the common currency t worries over the side effects of issuing a unified currency on member states' individual economy also hindered their steps forward t the planned gulf single currency is unlikely to be launched soon as sufficient time is needed for preparations , al-shamali said days before the summit t his view was echoed by the emirate's deputy prime minister and foreign minister sheikh mohammad sabah al-salem al-sabah , who said after the kuwaiti parliament approved the agreement that it might take a decade for the full adoption of a single gulf currency t as of now , four member states , namely saudi arabia , bahrain , qatar and kuwait have ratified the gcc monetary union agreement t in 2006 , oman shocked the bloc in decision to opt out the initiative , saying it was not ready to meet the preconditions t while the uae followed suit in may this year to protest against locating the joint central bank in saudi arabia t the pullout of the two , especially the uae , the arab world's largest economy after saudi arabia and homes to a business hub , cast a shadow over the landmark plan t gcc secretary general abdul rahman al-attiyah said before the summit that oman and uae are pioneers in joint gulf action and always took the lead in implementing resolutions of gulf summits , so they are always at the center of the common gulf action t however , the two countries were still lingering outside the initiative after the two-day summit t analysts said the dubai debt crisis is a negative factor for the uae to turn around as the emirate would be reluctant to sit behind the negotiating table amid a weak condition t source: xinhua
デュ健クウェート財務相ムスタファアルによるシャマリ火曜日湾岸協力会議（gfffmonetary連合協定発効クウェートトンで、30日gccの首脳会議になっている公式クーナ報道機関で、アルシャマリにいくつかの発言をしたgccの中央銀行総裁どうやらその2日間の収集時にイニシアチブを再生しようとせずに、宣言を発行したが、最終的には、圏の首脳は、湾岸通貨トンを発行する中央銀行の確立のためのスケジュールを打ち出すこと通貨問題トンには移動に近いユーロ圏へのスタイルの単一通貨に触れると、それは油を取る可能性があります輸出歳を調整するとの姿勢と金融は、エンドトン、1981年に設立のための政策の交渉には、gccのグループ、バーレーン、クウェート、オマーン、カタール、サウジアラビアとアラブ首長国連邦（UAE）の6つのメンバーは、最大の原油は、世界と世界の石油埋蔵量の45％程度のポケットの中に地域の輸出の上に座っていると1日あたりの原油16万バレルトン圏に貢献トン2001 2010で共通通貨の実現への努力、地域統合トン通貨準備sfyfrocketing gccのメンバーと外部とセメントの間の貿易拡大に加え、収支のバランスの改善には、単一通貨トンを作成するための肯定的な要因があること加盟国では、近年、世界的な金融危機のインフレ率の変動の加盟国の個々の経済上の統一通貨を発行するの副作用には、共通の通貨トンの懸念についても今後の計画湾トンの手順を妨げ、金融組合との準備が遅れている単一通貨、すぐに十分な時間の準備のため、アルシャマリ首脳会談の見解トン日前までによると、首長によってエコーされる必要がなかったのが発売さそうにない
the gulf cooperation council (gcc) will set up a unified power grid by 2011 to guarantee adequate electricity supply for its six member countries , said the chief project contractor on monday t the first phase of the project , which links up saudi arabia , qatar , bahrain and kuwait , was completed in the first quarter of 2009 , yousef a t fanahi , chairman of the board of the gcc electricity interconnection authority (eia) told a press conference before the opening of the 30th gcc summit t the project , with a total investment of 1.6 billion u.s t dollars , will further connect the united arab emirates (uae) and oman in 2011 upon its completion , said fanahi t saudi arabia will get the largest share , or f1.6 percent of power supply from the grid , while kuwait gets 26.7 percent t he said 15.7 percent of the power supply will go to the uae , 11.7 percent to qatar , 5.6 percent to oman and 9 percent to bahrain t the project of the gcc power grid , which will be inaugurated during the gcc summit in kuwait , will provide a means for exchanging electric energy upon a fixed basis of common interests among the gcc countries , said minister of electricity and water badr al-shfr'an on saturday t the project will cushion the electricity network of any gcc country in case it has an electric shortcut in emergency cases , the kuwait news agency fkfna) quoted the minister as saying t the eia chairman fanahi said the annual operational cost of the project will be around 50 million dollars , and the venture will provide 5,000 megawatts from the overall electricity-production capacity of the gcc t he said estimated electricity needs of the gcc countries by 2010 will be 105,000 megawatts t source: xinhua
鼎義民は、du健六のメンバー湾岸協力会議（）での金融労組は、手順では、創造のための道が開けるだろう1つの湾の通貨tの起動するための前哨戦の火曜日の設立には、30日首脳会談でgreenlighted gccのは、gccの中央銀行は、湾岸諸国の経済に多くのポジティブな影響を及ぼすことにする共通の通貨トンは、単一通貨の導入は、ユーロスタイルを発行するため、特に一般的な市場の概念を深める上で、金融リスクの低減を担当され、推進intrffgccの貿易、観光、投資トンしかし、道路の統一された紙幣と硬貨の最後の打ち上げにつながる、と別の10年の決勝ゴールトンの経済を達成するために必要なことがありますバンピーされている単一通貨圏の基盤上に構築されていないと述べた統一されたインフレ率、財政赤字は、政府負債は、長期金利や為替変動トン6 gccの各国間のインフレ率が互いに劇的から、4.5％増の15％in2008に至るまでの報告によると差別化は、国際通貨基金トンと同様、インフレ率の概念については、湾政府は私たちには、過去10年間トンではなくトンドルを、自国通貨のペッグにいくつかの国々が基板上の単一通貨トンオマーンドロップ達成するためのプログラムをするのは難しいがイニシアチブを取っているうち、2006年の通貨統合の計画は、その経済は、インフレ率は、国内の圧力を与えたプログラムトンクウェート、準備ができていない場合、対ドル、2007年にくぎを終了する、と述べ、通貨トンのバスケットに別のペッグ制を開始経済発展のレベルも難しいような長期金利とこれらの国々の間で通貨の変動として、1981年に設立されたgccのトンその他の経済指標との間のギャップを埋めるために作ら
kuwaiti emir sheikh sabah al-ahmad alfjaber al-safff(c) , king abdullah of saudi araffa(r) and deputy prime minister of the sultanate of oman fahd bin mahmoud al-said pose for the group photos before the opening session of the 30th annual summit of the six-nation gulf cooperation council (gcc) held in kuwait city , capital of kuwait , dec t 14 , 2009 t (xinhua/zhang ning) leaders of the sif-member gulf cooperation council (gcc) on monday started their 30th summit in kuwait city to discuss economy and regional hot-spot issues t addressing the opening session , kuwaiti emir sheikh sabah al-ahmad alfjaber al-sabah said the summit was held amid crucial challenges at the security , economic and political fronts , adding the launch of the electricity linkage and approval of the long-expected monetary union would push forward the bloc's economic integration process t kuwaiti emir sheikh sabah al-ahmad alfjaber al-sabah attends the opening session of the 30th summit of the six-nation gulf cooperation council (gcc) held in kuwait city , capital of kuwait , on dec t 14 , 2009 t (xinhua/zhang ning) he called on member countries to intensify efforts to enhance mutual gulf work to materialize various projects and plans t expressing condemnation of the terrorist attacks in neighboring iraq , he said we look forward to the continuity of the political process in iraq reaching the execution of parliamentary elections in democratic and stable atmospheres to realize security , stability , political harmony and economic development for the iraqi people t but the emir did not touching upon the recent dubai debt crisis in his short speech t after the speech , the leaders turned to a closed session to focus on the gulf monetary union and the launch of the 1f6-billion-dollar electricity linkage project between member countries t the oil-rich gcc was established in 1981 and groups bahrain , kuwait , oman , qatar , saudi arabia and the united arab emirates t sitting atop the largest crude exporting region in the world , the six countries together holds around 4.5 percent of the global oil reserves and contribute 16 million barrels of crude per day t since its establishment , member countries have strived for economic integration and gained steady growth in financial , transportation and real estate sectors t source: xinhua
対策としては世界最大のは、gccの国は、民間航空部門、事務局長の開発で実績をあげている地域トンの輸出の商業飛行を高めるため（）オープンエアの政策を採用する月曜日上でgcc湾岸協力会議の加盟国で呼び出されるクウェートクウェートの民間航空当局fawazアルファラー人の動きは、貿易、為替および貨物トンで湾経済の利点を有効にする、オープンエアの政策を通じてfurtheredになると、彼の指導者としては、gccのここで会っているのは、両社が30日gccの首脳会談トン氏も期待している6つの加盟国地域の合意を完全にそれらの間の経済統合トン、1981年に設立を強化するため、空気を開くに達する表明には、gccののループはバーレーン、クウェート、オマーン、カタール、サウジアラビア、アラブ首長首長国連邦の6カ国は、国際航空輸送分野で国内旅行が増加して共有見ているtと乗客は、地域の主要空港での転送の数が急成長している国際航空運送協会からの上昇トンの統計上の旅客を示したされている湾岸地域では、今年トンソースの最初の8月に8.4％の増加に登録：新華ファイナンス
by ding yimin , du jian the six-member gulf cooperation council (gcc) greenlighted at its 30th summit on tuesday the establishment of the monetary union , a prelude to the launch of the single gulf currency t the step will pave the way for the creation of the gcc central bank , which will be responsible for issuing the euro-style common currency t introducing the single currency will have many positive impacts on the gulf countries' economy , particularly in deepening the concept of common market , reducing financial crisks and promoting intrffgcc trade , tourism and investment t however , the road leading to the final launch of unified bank notes and coins is bumpy , and another decade might be needed to achieve the final goal t economists said the single currency zone has to be built on the basis of the unified inflation rate , financial deficits , government debts , long-term interest rate and currency fluctuation t the inflation rates among the six gcc countries differentiate from each other dramatically , ranging from 4.5 percent to 15 percent in2008 , according to a report of the international monetary fund t regarding the concept of similar inflation rates , the gulf governments have taken initiative to peg their currency to u.s t dollars in the past decade t but some countries found it hard to be on board the program of achieving a single currency t oman dropped out of the monetary union plans in 2006 , saying its economy is not ready for the program t kuwait , which gave in to the domestic pressure of inflation rate , quit its dollar peg in 2007 , and started pegging to a basket of currency t the different levels of economic development also made it difficult to fill the gap between other economic indicators such as long-term interest rate and currency fluctuation among those countries t the gcc , established in 1981 , groups bahrain , kuwait , oman , qatar , saudi arabia and the united arab emirates (uae) t the bloc in 2001 decided to spend 10 years in materializing a common currency in order to strengthen economic integrity and reduce financial risks t but gcc officials acknowledged in march this year that the 2f10deadline will be extended and another 10 years might be needed before people in gulf countries can really use the unified currency t effective steps have been taken by five gulf countries including bahrain , kuwait , qatar , saudi arabia and uae to set up the monetary union since a customs union was launched in 2003 , and all the requirements to ensure gcc market were completed in 2007 t but the uae , the second-largest arab economy after saudi arabia , withdrew from gulf arab plans for monetary union in may this year , after riyadh was chosen as the location for the region's monetary council , a precursor to the future gcc central bank t the exit of the uae , the world's third-largest oil exporter , came as a major blow to the monetary council , and complicated the way to materialize the single currency t fully aware of this , gcc officials tried to persuade the uae and oman back to the track of the monetary union at the gcc kuwait summit t gcc secretary general abdul rahman al-attiyah said that oman and uae are pioneers in joint gulf action and always took the lead in implementing resolutions of gulf summits , so they are always at the center of the common gulf action t on friday , kuwaiti finance minister mustafa al-shamali also called on the two countries to come back to membership , as the project would help cement regional economic growth t but no word has been heard from the uae yet about its return to the monetary union t the uae had improved its profile in recent years with the rise of dubai as one of the region's trade and tourism centers t but the choice of saudi arabia to host the monetary council showed that the region's largest economy has regained some prominence it had lost to the uae t the covert struggle between the two countries for a prominent position in the gulf region poses as another hurdle for launching the single currency t however , the gulf countries still showed huge resolution for the launch of the single currency , the highest form of achieving economic unity t four member states including saudi arabia , bahrain , qatar and kuwait have ratified the gcc monetary union agreement , and the riyffh-based money council is working on a timetable and technical details of launching the single currency t although the process seems to have taken a longer time than we expected , we are still steadily moving along the direction of forming the unified currency system , said attiyah at the press conference after the closing ceremony of the gcc 30th summit on tuesday t source: xinhua
対策としては世界最大のは、gccの国は、民間航空部門、事務局長の開発で実績をあげている地域トンの輸出の商業飛行を高めるため（）オープンエアの政策を採用する月曜日上でgcc湾岸協力会議の加盟国で呼び出されるクウェートクウェートの民間航空当局fawazアルファラー人の動きは、貿易、為替および貨物トンで湾経済の利点を有効にする、オープンエアの政策を通じてfurtheredになると、彼の指導者としては、gccのここで会っているのは、両社が30日首脳会談トン氏も期待している6つの加盟国地域の合意を完全にそれらの間の経済統合トン、1981年に設立を強化するため、空気を開くに達する表明には、gccのグループはバーレーン、クウェート、オマーン、カタール、サウジアラビア、アラブ首長首長国連邦の6カ国は、国際航空輸送分野で国内旅行が増加して共有見ているtと乗客は、地域の主要空港での転送の数が急成長している国際航空運送協会からの上昇トンの統計上の旅客を示したされている湾岸地域では、今年トンソースの最初の8月に8.4％の増加に登録：新華ファイナンス
kuwait called on member countries of the gulf cooperation council (gcc) on monday to adopt open air policy as measures to boost commercial flights in the world's largest exporting region t the gcc countries have made achievements in the development of their civil aviation sector , director general of kuwait's civil aviation authority fawaz al-farah said t the movement of people , trade exchange and freight would be furthered through the open air policy which will in turn benefits the gulf economy , he said as leaders of the gcc are meeting here for their 30th summit t he also expressed the hope that the six member countries would reach a regional agreement to completely open the air between them to strengthen economic integration t founded in 1981 , the gcc groups bahrain , kuwait , oman , qatar , saudi arabia and the united arab emirates t the six countries have seen their share in the international aviation transportation sector increased as domestic travels are booming and the number of passengers transferred at major airports in the region have been on the rise t statistics from the international air transport association showed the passenger traffic in the gulf region registered an 8.4 percent increase in the first eight month of this year t source: xinhua
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