Gulf Monetary Council and European Central Bank sign a Memorandum of Understanding on cooperation

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On 13 January 2016, Raja M. Almarzoqi, President of the Gulf Monetary Council (GMCO), and Mario Draghi, President of the European Central Bank (ECB), signed a Memorandum of Understanding in Frankfurt am Main on technical cooperation.​

The Memorandum o​f Understanding provides a framework for an exchange of information, and technical cooperation between the two institutions. Technical cooperation may take the form of, among other things, joint seminars and workshops in areas of mutual interest in the field of central banking and monetary integration.


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