Insights

The Gulf Cooperation Council (GCC) and the UK are keen to sign an FTA this year, GCC secretary general Jasem Mohamed Albudaiwi recently said in London after meeting UK secretary of state for business and trade Jonathan Reynolds.
Albudaiwi said he sensed a strong interest from the new UK government and a sincere desire to complete the negotiation rounds.

The Gulf Cooperation Council (GCC) and the United Kingdom (UK) are keen to sign a free trade agreement (FTA) this year, GCC secretary general Jasem Mohamed Albudaiwi recently said in London.

He said this after meeting UK secretary of state for business and trade Jonathan Reynolds.

Albudaiwi said he sensed a strong interest from the new British government and a sincere desire to complete the negotiation rounds for the proposed FTA, a Saudi news agency reported.

Reynolds expressed the desire to have the agreement signed before the year end.

Albudaiwi and Reynolds discussed ways to enhance economic and trade relations.

Fibre2Fashion News Desk (DS)

More Textiles News - United Kingdom...

UK, GCC keen to sign FTA in 2024: GCC secretary general

Insights