The second summit between the European Union and the Gulf Cooperation Council, which was scheduled for 24 October 2026 in Riyadh, Saudi Arabia, has been postponed. The European Commission said a new date will be announced in due course.

For traders and other market participants, the immediate takeaway is simple: the meeting will not go ahead on the original date. Beyond that, the Commission did not give a replacement timetable or any further detail on what comes next.

It said the partnership between the EU and the GCC is of great strategic importance to both regions. The Commission also said the EU remains committed to deepening that partnership and sustaining the momentum built since the first summit in October 2024.

Highlights

  • The second European Union and Gulf Cooperation Council summit was originally planned for 24 October 2026.
  • The meeting was to take place in Riyadh, Saudi Arabia.
  • The European Commission said the partnership remains of strategic importance and that the EU stays committed to it.