Kuwait Court of Cassation principle number 75

The Economic Agreement between the Gulf Cooperation Council States, which the State of Kuwait approved pursuant to Law 5 of 2003 and which has been effective from the date of its publication in the Official Gazette on 24/2/2003. Its implication. Equal treatment of Council citizens in any Member State in the economic sphere, without differentiation or discrimination. The effect of this. Priority of application of the provisions of this Agreement where they conflict with the domestic laws and regulations of the Member States. - Commercial activity consisting of the conclusion of a lease between a Kuwaiti and a citizen of a Gulf Cooperation Council State after the date of entry into force of the Economic Agreement. Inapplicability of Article 23 of the Commercial Code to it. Its effect. No nullity.