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China-GCC free trade zone expected to be ready in 2014

China's Ambassador to Oman, Wu Jiuhong has said the free trade zone between China and GCC countries is expected to be set up by the end of this year or in 2014, Muscat Daily has reported. This comes after Chinese officials had recently met with their GCC counterparts in New York and agreed to speed up the negotiation process on the matter, the ambassador said.