Gulf Cooperation Council
Regional trade bloc in the Middle East
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| December 18 2024 | Douglas Alexander updated the House of Commons on the ongoing trade negotiations. |
| May 14 2024 | Saudi Arabia and the United Kingdom hosted a joint investment summit with over 450 British business attendees, including representatives from HSBC and British Airways. |
| April 9 2024 | Keir Starmer discussed the trade deal in a phone call with Mohammed bin Salman. |
| 2023 | The UK signed a Memorandum of Understanding with the United Arab Emirates regarding financial services. |
| July 4 2023 | Bahrain announced plans to invest £1 billion in the UK to strengthen financial services ties as part of the potential trade deal. |
| September 29 2022 | First round of negotiations for the Gulf Cooperation Council–United Kingdom Free Trade Agreement concluded. |
| August 22 2022 | First round of negotiations for the Gulf Cooperation Council–United Kingdom Free Trade Agreement began. |
| June 2022 | Negotiations for the Gulf Cooperation Council–United Kingdom Free Trade Agreement (GCCUKFTA) officially began, marking the first attempt at a comprehensive trade agreement between the UK and the GCC nations. |
| January 2022 | Bahrain's Minister of Industry, Commerce and Tourism, Zayed Al Zayani, expressed hope for completing negotiations by the end of that year or mid-next year. |
| 2021 | Trade negotiations for the GCC-UK Free Trade Agreement intensified, coinciding with the Premier League's approval of Saudi Arabia's sovereign wealth fund's takeover of Newcastle United. |
| June 2021 | International Trade Secretary Anne-Marie Trevelyan announced the trade agreement would target a £1.6bn annual economic boost for the UK. |
| 2019 | British trade with the Gulf Cooperation Council (GCC) was valued at approximately 45 billion pounds ($61 billion). |
| 2016 | Brexit referendum held, with the UK voting to leave the European Union, which prompted Gulf states to press for a post-Brexit trade agreement with the UK. |
This contents of the box above is based on material from the Wikipedia article Gulf Cooperation Council–United Kingdom Free Trade Agreement, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.