AL KHOBAR, Saudi Arabia, 21st April, 2016 (WAM) — The Federation of the Gulf Cooperation Council Chambers, FGCCC, is to organise the Gulf-EU business Forum in Brussels on 23rd and 24th of May, 2016.

The organisation of the forum is part of a project to facilitate business and trade cooperation between the European Union and the Gulf Cooperation Council for Arab States, in collaboration with the Federation of Danish Industries and the European Business Authority.

The forum aims to develop economic and trade relations between the GCC and the European Union and to promote cooperation between the two sides through business networks, in addition to mutual understanding and dialogue through the works of the forum.

The event will see the participation of representatives of the private sector of the European Union and the GCC Countries, GCC businesswomen and businessmen and their European counterparts, as well as those who are interested in issues on investment and economy.

The forum will held three sessions, “Enhancing Competitive Trade and Investment Climate”, “Promotion of Direct Foreign Investment and Economic Diversification” and “Encourage Innovation and Entrepreneurship”.