UAE and UK to strengthen trade relations after Brexit – Gulf Today

UAE and UK to strengthen trade relations after Brexit – Gulf Today

The Lord Mayor of the City of London William Russell, which underscores the aim of both entities to foster deeper relationships between the UAE and the UK, and to further strengthen the trade relations between the two countries.. The post-Brexit transition period gives the UK new opportunities to engage with countries which have a liberal trade regime, such as the UAE, thereby attracting capital from international markets.. The Lord Mayor of the City of London William Russell said: "The UAE is the UK's key trading partner in the region, making up 40 per cent of GCC-UK trade.. Meanwhile the Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company, continues to provide support to UAE manufacturers to expand their export business.. Conares has signed up with ECI for a multi-buyer trade credit solution, which will minimise the risks connected to the exports of their products to international markets..