House of Commons · Written Ministerial Statement
Gulf Cooperation Council Trade Negotiations Update
13 October 2022 · Department for International Trade
Proposed by Kemi Badenoch Con North West Essex
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The UK and Gulf Cooperation Council held the first round of negotiations for a Free Trade Agreement.
- Technical discussions were conducted across twenty-nine policy areas in thirty-three sessions.
- Over one hundred UK negotiators participated in the negotiations.
Issue summary
This statement updates Parliament on the first round of negotiations for a Free Trade Agreement (FTA) between the UK and Gulf Cooperation Council (GCC).
Action requested
The Minister is informing Parliament that technical discussions were held across 29 policy areas in 33 sessions, with over 100 UK negotiators participating. The Government commits to maintaining high standards and will keep Parliament updated on progress.
Key facts
- Negotiations took place virtually between 22 August and 29 September.
- Technical discussions were held across 29 policy areas in 33 sessions.
- Over 100 UK negotiators participated from across Government.
- A deal is expected to increase trade by at least 16%, add £1.6 billion a year to the UK economy, and contribute an additional £600 million or more to UK workers' annual wages.
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