Trade Agreements: Gulf States
The question
To ask the Secretary of State for Business and Trade, what steps his Department is taking to support investment into key growth sectors through the UK-Gulf economic partnerships.
Answered by Mr Douglas Alexander
The Department for Business and Trade maintains strong relations with Gulf investors and encourages them towards opportunities in key growth sectors through the Strategic and Sovereign Investment partnerships coordinated by the Office for Investment.
We also encourage investment through broader diplomatic forums, such as the UK-Saudi Strategic Partnership Council.
Furthermore, we are negotiating a GCC Free Trade Agreement that will build on our strong investment relationship and support further investment, including in UK growth sectors.
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