Customs union a step towards GCC integration

OMAN - The GCC monetary union is a stepping-stone for "higher order of integration among member states," said Hamoud Sangour Al Zadjali, Central Bank of Oman executive president.

"The monetary union, though symbolises the final stage of economic integration, could be construed as only the means of achieving higher order of integration among the member states," he said during his speech at the first Gulf Economic Forum being held at the Al Bustan Palace Hotel, Gulf News reported.

"It allows for

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