International trade between European union and arab states of the Persian gulf

This thesis is evaluating the mutual trade relation of European Union and Gulf Cooperation Council and it provides examination of the business environment in the Gulf region based on statistical and informatory data. In the thesis are examined the political and economic aspects of mutual cooperation that stands behind unsuccessful implementation of free trade agreement between them. In this thesis there are explained patterns of trade interaction between European Union and Gulf Cooperation Council and also the impacts of trade conditions in the Persian Gulf on European businesses. Based on examination of current state of relation and global circumstances are given perspectives for future cooperation and recommendations for deepening their business relations in the future