Questions 169-171 refer to the following passage.
Some Gulf States to Diversify
The following oil producing nations-lran, Bahrain, Oman, Saudi Arabia, Qatar and the United Arab Emirates-each a member of the Gulf Cooperation Council (GCC) plan to become major aluminum exporters and have spent more than $6 billion altogether to expand existing aluminum smelters and develop new plants.
The region, now producing nearly 8% of the world’s total aluminum output, will control some 15% once the new projects are completed, according to a report published by the Gulf Organization for Industrial Consulting (GOIC). Current exports exceed 980,000 tons annually, worth about $856 million, most of which are sold to U.S. and China.
The GOIC report concluded that “the future of the aluminum industry depends on these three basic factors: GCC cooperation in marketing and expansion, protection of the environment, and the establishment of an integrated aluminum industry that includes all types of products and the basic components to produce them.”
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