Arab British Chamber of Commerce: Trade talks between UK and GCC ‘very promising’ – The National

Arab British Chamber of Commerce: Trade talks between UK and GCC ‘very promising’ – The National

British companies looking to break into new markets in the post-Brexit climate should look to the Arab world for opportunities amid “very promising” negotiations between the UK and the Gulf Co-operation Council, according to the head of the Arab British Chamber of Commerce.

Bandar Reda, Secretary General and chief executive of the ABCC, expects a free trade deal to be struck “very soon”, opening wide the doors for jobs and investment on both sides.

Talks aimed at securing an agreement kicked off in June between the UK’s Conservative government and the GCC, made up of Saudi Arabia, the UAE, Bahrain, Kuwait, Qatar and Oman.