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AB Talks: Why a huge free trade deal between the UK and GCC could herald a happy new year

Simon Penney, Her Majesty’s Trade Commissioner for the Middle East and Her Majesty’s Consul General Dubai, joins AB Talks to discuss a free trade deal with the GCC that could be worth billions of dollars

As a new year approaches thoughts turn to new opportunities and what 2022 could bring for the UAE and the wider GCC.

One exciting prospect, which could lead to a very Happy New Year, are potential talks about a free trade agreement between the UK and the GCC – particularly when you consider that in 2019 bilateral trade between the region and the UK stood at 45 billion pounds, that is $62 billion.

To dive into this, AB Talks is joined by Simon Penney, Her Majesty’s Trade Commissioner for the Middle East and Her Majesty’s Consul General Dubai.

(Source: ArabianBusiness YouTube channel)

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Abdul Rawuf

Abdul Rawuf