| |
| |
Statement by the Cooperation Council of the Arab States of the Gulf
on the Cancellation
of the Secondary/Tertiary Arab Boycott of Israel
October 1, 1994
The Cooperation Council of the Arab States of the Gulf, having actively supported the Middle East Peace
Process ever since the launching of the Madrid Conference, and being fully aware of the important
breakthroughs realized so far, particularly in the Palestinian and Jordanian tracks which comprise
agreements covering economic cooperation between the Israelis and both the Jordanians and the
Palestinians, seriously recognize the importance of a review of the provisions of the Arab boycott of Israel
so as to take into consideration progress achieved and substantive future requirements of the peace
process.
The GCC member states have constantly reiterated their determination to enhance cooperation with their
trading partners in various spheres. Concerning the application of the Arab boycott of Israel, necessary
measures have been taken with a view to protecting the mutual interests of the GCC and its trading
partners. As a result of these measures and for all practical purposes, secondary and tertiary boycott are no
longer a threat to the interests of these partners.
Whereas the Arab boycott of Israel was enacted by the League of the Arab States, and its review to take
into consideration developments and requirements of the Middle East peace process must take place, the
GCC member states will support all or any initiative for such review presented in the League of Arab
States. Further, the GCC believe that a sponsorship of such initiative by Arab parties directly involved in
the bilateral negotiations, whether selectively or individually, shall facilitate the required review and
ensure a greater chance of success.
|
|
| |