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Trade Update: UK-Gulf Cooperation Council FTA

19 February 2024

Proposing MP
Chelsea and Fulham
Type
Written Ministerial Statement
Department
Department for Business and Trade

At a Glance

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.
Assessment & feedback
Summary accuracy