SLOVAKIA GCC most prominent decisions COLOMBIA Doha hosts the 35th summit 1980 1 st session The council confirmed that stability in the Gulf is linked to peace in the May 1981 - Abu Dhabi Middle -East, Palestine in particular 2 nd session The council signed the first 210 Nov. 1981 - Riyadh economic agreement aimed at abolishing million barriers between member countries 3 d session The establishment of Gulf Investment Foundation, with a capital of US$ 2 1982 - Manama billion 4 th session The council discussed political 1983 - Doha links and coordinating defense affairs between member States 5 th session The council approved the framework which organizes ownership right for 1984 - Kuwait citizens in member States 6 th session The council approved the 1985 - Muscat strategic vision of defense cooperation between member States 7 th session The council cooperation and coordination in security and communication 1986 - Abu Dhabi fields 8 th session The council approved oil lending 1987 - Riyadh system between members and set negotiation mechanisms with international economic groups 9 th session Allowing GCC citizens to own stocks in shareholding firms 1988 - Manama 10 th session The council discussed situation 1989 - Muscat in occupied Arab territories and the Palestinian Intifada fallouts 1990 11 th session The council discussed The 1990 - Doha Iraqi aggression on Kuwait, its gravity and threat to member States security 12 th session The council called on Iraq to 1991 - Kuwait release prisoners of war, demarcate borders and pay indemnities 13 th session The council discussed 1992 - Abu Dhabi Serbian aggression on Bosnia and Herzegovina and attacks on Muslim sanctities in India th 1993 - Riyadh 14 session The council welcomed the signing of Declaration of Principles between PLO and Israel as a first step towards a full and fair solution to the Palestinian cause 15 th session The council discussed violence and extremism, affirming the 1994 - Manama necessity to highlight the real image of Islam th 1995 - Muscat 16 session The council discussed WMD proliferation in Middle- East, including the Gulf 17 th session The council discussed ministerial committees decisions in economic, 1996 - Doha security and military affairs 1997 - Kuwait 18 th session The council adopted three systems to protect environment lockerbie 19 th session Lockerby affair was a priority in the council’s agenda. It called on all concerned 1998 - Abu Dhabi parties to respond to diplomatic initiative th 1999 - Riyadh 20 session The council suggested transforming its organization to a united Gulf economic entity in order to deal with economic globalization 2000 21 st session The council adopted the common monetary policy for its member states 2000 - Manama as a first step towards achieving the unified economic agreement 22 nd session The council decided to 2001 - Muscat implement the customs union as of January 2003 23 rd session Follow up the enforcement schedule of monetary union and setting the 2002 - Doha US$ as a common reference currency for member states 24 th session The council assigned the 2003 - Kuwait transport ministerial committee with setting up an economic feasibility study to establish a railway network linking GCC States 25 th session Zayed Summit (the council mourned UAE president Sheikh Zayed Bin 2004 - Bahrain Sultan al- Nahyan) 26 th session King Fahd Summit (the council 2005 - Abu Dhabi mourned The Custodian of the Two Holy Mosques King Fahd bin Abdulaziz Al Saud) 27 th session Sheik Jaber Summit (the council mourned Kuwait Emir Sheikh 2006 - Riyadh Jaber al-Ahmad al-Jaber al-Sabah) and adopted trademarks law 28 th session The council announced 2007 - Doha the launching of GCC Common Market departing January 2008 29 th session The council discussed world financial crisis to take measures aimed at 2008 - Muscat limiting its negative effects on GCC economies 30 th session The council adopted Justice 2009 - Kuwait ministers recommendations to strengthen common justice cooperation and the unified system for Real Estate registration st 31 session The council adopted the 2010 - Abu Dhabi system of providing military forces with insurance protection 32 nd session The council assigned the 2011 - Riyadh consultative authority with studying the necessity of a Gulf Confederation 33 rd session The council approved the decision taken by the joint defense council 2012 - Manama and establishing a joint military command 34 th session The council decided to form a 2013 - Kuwait joint military command and a Gulf academy for security and strategic studies.