“Already one of the UK’s most important trading partners, a trade deal would be a natural partnership, boosting investment and jobs.”

Update on the sixth round of negotiations for a free trade agreement between the UK and the Gulf Cooperation Council (GCC).

Free Trade Agreement Negotiations between the GCC and the UK have been progressing rapidly this week, with both sides saying they recognise the importance of the agreement for their mutual interests.

A free trade deal will be a substantial economic opportunity and a significant moment in the UK-GCC relationship. Total trade was worth £61.5 billion according to latest figures.

His Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), affirmed that the negotiations for a free trade agreement between the GCC countries and the United Kingdom are “progressing rapidly, with both sides recognising the importance of the agreement for their mutual interests.”

This statement came during the joint ministerial meeting between the GCC countries and the United Kingdom regarding the negotiations for a free trade agreement, held this week (February 26) in Abu Dhabi, United Arab Emirates. The meeting was attended by the ministers responsible for free trade agreements in the GCC countries and Ms Kemi Badenoch, Secretary of State for Business and Trade in the United Kingdom.

His Excellency the Secretary General stated that the “exceptional meeting held today, which brought together the ministers responsible for the agreements from the GCC countries and the United Kingdom, aimed to discuss the best ways to remove major obstacles and enhance mutual understanding between the two parties in order to make progress towards signing the ambitious free trade agreement between the GCC countries and the United Kingdom in the near future.”

He pointed out that the meeting reviewed and discussed all aspects of the free trade agreement, adding that the participants unanimously agreed on the need to accelerate the dialogue between the specialised technical teams to conclude the agreement in a way that benefits both sides and serves their mutual interests.

UK Trade Secretary Kimi Badenoch said: “In Abu Dhabi today, I met with all 6 trade ministers of the Gulf-Cooperation Council, to drive progress on the UK-GCC Free Trade Agreement. Already one of the UK’s most important trading partners, a trade deal would be a natural partnership, boosting investment and jobs.”

1 COMMENT

  1. The EU has a big dirty secret and when you know the secret it is a no brainer that leaving the EU is right. There is a secret plot to make countries poorer so they will never be able to leave the EU. Hence why they stole our fishing waters and all our money! Hence why we still pay £300m per year just to sit around a table at the Council of Europe

LEAVE A REPLY

Please enter your comment!
Please enter your name here