Trade Agreements: Gulf States
The question
To ask the Secretary of State for Business and Trade, what his planned timetable is for agreeing a UK-Gulf Cooperation Council trade deal.
Answered by Chris Bryant
The UK has been negotiating a modern and ambitious free trade agreement with the Gulf Cooperation Council to boost economic growth, raise wages, and increase investment since June 2022. Negotiations have now reached an advanced stage, with both sides working hard and at pace to resolve the remaining issues. As the Honorable Member should know, timetables can be counter-productive when seeking to agree a trade deal and can lead to perverse outcomes. We are focused on securing the right deal that delivers growth and offers real benefits to British businesses and investors, rather than getting it done by a specific date.
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