Oral Answers to Questions

Debate between Alexander Stafford and Mike Freer

Thursday 3rd March 2022 Commons Chamber

[Alexander Stafford (Rother Valley) (Con)]

10. What steps her Department is taking to increase trade with the Persian Gulf countries.

[The Parliamentary Under-Secretary of State for International Trade (Mike Freer)]

The Gulf is an important trading region for the United Kingdom, with an overall trade relationship worth £32.4 billion in 2020. The countries of the Gulf Co-operation Council are among our largest trade partners globally. Having just completed a public consultation, we aim to start negotiations on a free trade agreement with the GCC later in 2022. Work continues bilaterally with countries in the region. In fact, having just returned from a visit to the United Arab Emirates, I can tell my hon. Friend that I have seen at first hand that the opportunities for UK trade in the Gulf are enormous.

[Alexander Stafford]

Can my hon. Friend the Minister set out some of the potential benefits for the UK, and especially for Rother Valley, of a trade deal with the Gulf Co-operation Council, particularly around jobs and investment?

[Mike Freer]

I can reassure my hon. Friend that the Gulf represents a massive opportunity for many goods, from education and defence to vehicles, food and agriculture. It is an open market where people want to buy British, where we are a trusted partner and where we are regarded as a seller of high-quality goods. I can reassure him that in food and drink alone, the demand for top-quality British produce is already more than £600 million a year.