House of Commons · Written Ministerial Statement
Trade Update: UK-Gulf Cooperation Council FTA
19 February 2024 · Department for Business and Trade
Proposed by Greg Hands Con Chelsea and Fulham
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Trade Update: UK-GCC FTA negotiations reached the sixth round
- Government committed to securing an ambitious agreement with high standards
- Next round of negotiations to be scheduled shortly
Issue summary
The statement discusses the progress of the sixth round of UK-GCC FTA negotiations and outlines the government's commitment to securing an ambitious agreement while upholding high standards.
Action requested
No specific action is requested, but the minister announces that the next round of negotiations will be scheduled shortly.
Key facts
- The sixth round of UK-GCC FTA negotiations took place from 29 January to 9 February in a hybrid format hosted in London.
- Draft treaty text was advanced across most chapters with technical discussions held across 21 policy areas over 30 sessions.
- Total trade between the UK and GCC is worth £59 billion according to latest figures.
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