Kuwait participated in the 65th meeting of the Committee of Undersecretaries of the Ministries of Finance in the Cooperation Council for the Arab States of the Gulf, where the Undersecretary of the Ministry of Finance Aseel Al-Saad Al-Munifi chaired the Kuwaiti side participating in the meeting, in preparation for the (116th) meeting of the Financial and Economic Cooperation Committee, which will be held on May 16, 2022 in Riyadh.

During the meeting, the minutes of the meeting (78) of the GCC Central Bank Governors Committee, the minutes of the tenth meeting of the Committee of Heads and Directors of Tax Departments in the GCC States, the minutes of the meetings of the (35, 34, 33) Gulf Common Market Committee, and the minutes of the third meeting of the mini-team of finance ministries were discussed. To discuss the G20 initiatives in the financial track.

During the meeting, they discussed the memorandum of the General Secretariat on the recommendations of the Customs Union Authority in the GCC states, the report of the General Secretariat on the remaining steps for the establishment of the customs union according to a specific time schedule before the end of 2024, and the memorandum of the General Secretariat on the mechanism of follow-up to the program to achieve economic unity among the GCC countries by the year 2025.