Trade Relationship with the Middle East

Part of International Trade – in the House of Commons on 15th April 2021.

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Photo of Ranil Jayawardena Ranil Jayawardena Parliamentary Under-Secretary (Department for International Trade)

Britain has strong bilateral trading relationships with our friends in the middle east and a clear ambition to deepen them. As my right hon. Friend knows, we are undertaking a joint trade and investment review with the Gulf Co-operation Council, with which total trade stood at over £33 billion in the year to September 2020. The Government have also signed trade agreements with Jordan and Lebanon, and just last month we entered into an agreement with the sovereign wealth fund of Abu Dhabi to provide £1 billion of investment into British life sciences.