BELGIUM EU GULF COOPERATION SUMMIT

EU-Gulf Cooperation Council summit

epa11662536 Saudi Arabia Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud (C), European Council President Charles Michel (L) and Italian Prime Minister Giorgia Meloni (R) attend a round table during the EU-Gulf Cooperation Council (GCC) summit in Brussels, Belgium, 16 October 2024. This is the first summit between the EU leaders and the GCC, aiming to develop a closer partnership. The European Union is the second-largest trade partner for the GCC countries, generating ?170 billion in trade in 2023, imports of mineral fuels accounted for over 75% of EU imports from GCC countries. Since 2020, fuel imports have more than tripled mainly due to the armed conflict between Russia and Ukraine. EPA/OLIVIER HOSLET

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