Trade between the economies of the Gulf Cooperation Council (GCC) and North East Asia (NEA) reached $471 billion in 2013, based almost entirely on oil and gas. The GCC sends 44 percent of its exports to NEA, which depends on the GCC region for a very high proportion of its oil imports. Trade relations are otherwise very limited: the GCC takes only 3 percent of NEA’s exports.
Ziyad Alfawzan
Senior Research Analyst
Ziyad is a Senior Research Analyst at KAPSARC focusing on energy demand modeling. He has also worked on developing a…
Ziyad is a Senior Research Analyst at KAPSARC focusing on energy demand modeling. He has also worked on developing a macroeconometric model of Saudi Arabia. He is currently on sabbatical to undertake an M.Sc. in operations research.