OBSPOZNANJU, da bo vzpostavitev pogodbenih odnosov med Skupnostjo in Državami GCC, pripomogla k vsesplošnemu sodelovanju med enakovrednimi partnerji pod obojestransko koristnimi pogoji na vseh ravneh med obema regijama in da bo pospešila njun gospodarski razvoj, ob upoštevanju razlik v stopnjah razvoja pogodbenic,
RECOGNIZING that the establishment of contractual relations between the community and the GCC Countries will help to promote overall cooperation between equal partners on mutually advantageous terms in all spheres between the two regions and further their economic development, taking into consideration the differences in levels of development of the parties,