GCC Secretary-General discusses free trade agreement updates with British minister
Jassim Al-Bedaiwi and Lord Anas Sarwar discussed updates on the free trade agreement and the enhancement of economic and trade partnership between Gulf states and the UK in London.
Translated by Qiyas from كونا — Original source
Riyadh, October 20 (KUNA) -- The Secretary-General of the Gulf Cooperation Council (GCC), Jassem Al-Budaiwi, held talks today, Tuesday, with British Minister of State for Trade Policy Lord Anas Sarwar on the latest developments regarding the free trade agreement and ways to enhance economic and commercial partnership between the two sides.
The GCC General Secretariat stated in a press release that the meeting took place in the British capital, London, on the sidelines of the UK-GCC Economic Forum, during which the distinguished economic and commercial relations between the GCC member states and the United Kingdom were discussed.
The release added that the meeting reviewed the latest developments in the free trade agreement between the two sides and emphasized the importance of moving forward to complete the necessary procedures for its entry into force, thereby contributing to expanding the horizons of economic cooperation, enhancing trade and investment flows, and opening new fields for partnership.
Al-Budaiwi stressed that GCC member states attach great importance to strengthening their economic relations with the United Kingdom, based on the historical ties and strategic partnership that unite the two sides.
He pointed to the shared desire to elevate the levels of economic and commercial cooperation and to capitalize on available opportunities and potentials in a manner that serves mutual interests and supports economic growth and prosperity for both sides. (End) K.N.S / N.S.A
