- Britain has approached the United Arab Emirates and other Gulf countries on a possible trade pact after Britain leaves the European Union - UAE economy minister
Market news
11 February 2019
Britain has approached the United Arab Emirates and other Gulf countries on a possible trade pact after Britain leaves the European Union - UAE economy minister
Such agreements can take years to negotiate, Sultan bin Saeed al-Mansouri said on a panel at the World Government Summit in Dubai.
In 2017, trade between the UAE and UK totalled 17.5 billion British pounds, up 12.3 percent from 2016, according to official figures.
By 2020, the UK government wants that number to increase to about 25 billion pounds.
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