GCC definition

Examples of GCC in a sentence

  • The drop in oil prices had a direct impact on Jordan due to the economic linkages with the GCC economies, namely an annual growth percentage average of 2.5 percent (2010-2017) far below the 6.5 percent average achieved in pre-regional crisis period (2000-2009)9.

  • On the other hand, Domestic exports to GCC dropped by 10.1% for the same period.

  • Economic linkages between Jordan and the GCC are mainly through exports of merchandise goods, tourism, remittances and financial inflows.

  • The continuous regional crisis; namely the war in Syria and Iraq and the closure of trade routes, the influx of Syrian refuges as well as the financial crisis in GCC have impacted the growth of the Jordanian economy.

  • Nonetheless, continued regional conflict, specifically in Syria, and Iraq, Jordan’s main trade partners, remains one of the main challenges facing any real growth to the Jordanian economy coupled with economic slowdown in the Gulf Cooperation Council (GCC).


More Definitions of GCC

GCC means General Conditions of Contract"GCC" means General Conditions of Contract "GIT" means General Instructions to Tenderers"GIT" means General Instructions to Tenderers
GCC means this General Conditions of the Contract for Supply of Indigenous Stores.