British Minister of State for Trade Chris Bryant has described the free trade agreement between the United Kingdom and the Gulf Cooperation Council as a \u201clandmark\u201d deal, not only because of its economic value, but because it marks the first agreement of its kind between the GCC and a G7 country. <\/p>\n
In an interview with Asharq Al-Awsat, Bryant said the agreement could enter into force \u201cin maybe a year, 14 months maybe at most\u201d after signature. London, he said, hopes to sign the agreement in September or October, once the legal review of the text has been completed. <\/p>\n
Bryant said the deal would generate \u201caround \u00a33.7 billion\u201d in additional trade for the UK economy, with \u201csimilar numbers for the Gulf.\u201d He added that the agreement carried symbolic importance at a sensitive regional moment, following the war with Iran and the \u201ccompletely appalling attacks from Iran\u201d on Gulf allies. <\/p>\n
The minister also praised the scope of the agreement, saying it went beyond cutting tariffs to cover services, the digital economy, artificial intelligence and measures to make it easier for companies on both sides to do business. <\/p>\n
Signature expected in the autumn <\/p>\n
Bryant said the two sides had so far concluded negotiations, agreed the key elements of the agreement and, in this case, \u201cnearly all the text.\u201d <\/p>\n
\u201cWhat we\u2019ve done so far is we\u2019ve concluded negotiations,\u201d he said. \u201cNow, we have to do what\u2019s known as legal scrub. That will take a while before signature. I hope we\u2019ll be able to do that in September or October.\u201d <\/p>\n
He pointed to the UK\u2019s agreement with India, whose entry into force was announced less than a year after it was signed, as an indication of the timetable London hopes to follow with the Gulf deal. <\/p>\n
\u201cSo I hope that in maybe a year, 14 months maybe at most, we would have entry into force of the deal with the Gulf,\u201d he said. <\/p>\n
Services at the heart of the partnership <\/p>\n
Asked what distinguishes the UK from other Gulf partners, including the United States, China and the European Union, Bryant pointed to services. <\/p>\n
He said Britain\u2019s strengths in financial services, legal services, architecture, construction, creative industries, fintech and life sciences offered major opportunities for deeper cooperation with Gulf economies as they diversify away from hydrocarbons. <\/p>\n
\u201cWe\u2019re phenomenally good as a financial services center. Everybody knows that,\u201d he said, adding that this was one reason why many Gulf economies were invested in the UK, listed on the London Stock Exchange, or had expanded their presence in the British economy. <\/p>\n
Bryant also highlighted legal services as a central part of the UK offer, saying that \u201cthe rule of law is a very strong concept in British identity.\u201d He referred to recent developments in Saudi Arabia, where British legal firms are now able to operate more easily. <\/p>\n
The minister also pointed to advertising and creative services as another major British strength. He said UK exports in advertising services reached \u00a319.4 billion last year, making Britain the second-largest advertising exporter in the world. <\/p>\n
\u201cLots of people in the Gulf listen to our music, watch our films as well,\u201d he said, adding that the wider services sector, together with creative tech, fintech and life sciences, offered significant scope for the UK-Gulf relationship to grow. <\/p>\n
Tariff cuts on goods <\/p>\n
Asked whether the real value of the free trade agreement lay more in services than in goods, Bryant said goods remained an important part of the deal. <\/p>\n
He said tariffs would come down on 93 percent of UK goods entering the Gulf, with many of those reductions taking effect when the agreement enters into force. <\/p>\n
\u201cThat will make a dramatic difference,\u201d he said, adding that it would make foodstuffs and some British goods sent to the Gulf cheaper for consumers. <\/p>\n
Bryant also said the agreement included a good deal on automotive exports and would save \u201cseveral hundred million pounds\u201d in tariffs every year. <\/p>\n
\u201cThat\u2019s really good for British businesses, but I think it\u2019s also good for Gulf consumers,\u201d he said. <\/p>\n
Making business easier <\/p>\n
Beyond goods and services, Bryant said the agreement would make it \u201cso much easier\u201d for British companies to operate in the GCC and for GCC-based companies to operate in the UK. <\/p>\n
He said trade barriers were often understood through tariffs, because they were the most obvious, but other obstacles could be just as important. <\/p>\n
\u201cThere are lots of other barriers like customs processes, paperwork that you need, licenses that you need, or data localization,\u201d he said. \u201cAll of those kinds of issues can be just as important.\u201d <\/p>\n
Bryant said he was pleased that the GCC deal covered many of these issues, making it easier to reduce obstacles to trade and investment on both sides. <\/p>\n
Artificial intelligence and the digital economy <\/p>\n
On artificial intelligence, Bryant told Asharq Al-Awsat the agreement contains a dedicated section on the digital economy, reflecting the growing importance of digital trade to the future of the UK-Gulf relationship. <\/p>\n
Most GCC countries are investing heavily in data centers, developing large language models and integrating AI into their wider economies. Bryant said the agreement responded to this shift by including commitments designed to support digital business. <\/p>\n
\u201cOne of the commitments is a permanent commitment on both sides that we would not introduce tariffs on digital transmissions,\u201d he explained. <\/p>\n
He revealed that the agreement also covers ways to ensure it is easier for people to do business digitally, noting that many services are now delivered digitally. <\/p>\n
Bryant described the UK as \u201cprobably the leading AI country\u201d in Europe, not only because of data centers, but also because of its creative technology, fintech and other technology sectors that are well placed to benefit from new opportunities. <\/p>\n
Education and training <\/p>\n
Bryant also highlighted the education relationship between the UK and the Gulf, describing it as \u201creally, really strong.\u201d <\/p>\n
He noted that even during the recent Iran war, the regional situation \u201cdidn\u2019t impede\u201d progress on the trade agreement. <\/p>\n
Bryant stressed that the UK was keen to explore ways to train young people from the Gulf, particularly in sectors linked to economic diversification. He cited Saudi Arabia\u2019s tourism ambitions as an example. <\/p>\n
\u201cSaudi Arabia is talking about having 600,000 people that it\u2019s going to need for its tourism industry, which it is really trying to boost as part of that diversification of its economy,\u201d he said. <\/p>\n
\u201cI know that we in the UK do some of that training well, and we want to look at ways in which we can expand that in a joint way.\u201d <\/p>\n
He also noted that many young Saudis, Emiratis and Bahrainis study either in the UK or on courses in the Gulf that lead to UK qualifications, while many schools in the region use British-based technology to run their operations. <\/p>\n
A partnership beyond trade <\/p>\n
Bryant said the free trade agreement takes the UK-GCC relationship \u201cto the next level,\u201d while stressing that Britain also maintains important bilateral relationships with individual Gulf states. <\/p>\n
\u201cIn one sense we have our relationship directly with Kuwait or Oman or Bahrain,\u201d he remarked, adding that the free trade agreement was about the Gulf as a whole. <\/p>\n
He pointed to Saudi Arabia as an example of how the partnership extends beyond trade, saying the UK had been discussing how it could contribute to preparations for the Saudi Arabia hosting the FIFA World Cup in 2034. <\/p>\n
He said British expertise could be useful in areas such as opening and closing ceremonies, fan zones, ticketing and security. <\/p>\n
\u201cWhen you arrive at a stadium, you want to know that it\u2019s not just the police and the army providing security,\u201d he explained, adding that stewards and event staff also needed to be focused on whether spectators were \u201cgoing to have a good time.\u201d <\/p>\n
\u201cThat\u2019s the kind of stuff that we\u2019re really, really good at,\u201d he said. <\/p>\n
A decade after Brexit <\/p>\n
The interview came as Britain marked 10 years since the Brexit referendum, in which voters chose to leave the European Union. <\/p>\n
Bryant said that, as an EU member, the UK did not have the function of negotiating its own trade agreements with other countries, because trade policy was conducted collectively by the European Union. <\/p>\n
But he rejected the idea that Britain\u2019s ability to conclude its own trade deals should simply be described as a \u201cBrexit benefit.\u201d <\/p>\n
\u201cI don\u2019t see it that way,\u201d he said. \u201cThat\u2019s like saying that when you get sacked, you\u2019ve got more time to spend time with your family, even though you would probably prefer to stay in your job.\u201d <\/p>\n
Instead, Bryant said Britain was using the moment to \u201cfill in the jigsaw puzzle of free trade around the world.\u201d <\/p>\n
He said the UK believed in \u201cfree and fair trade\u201d: reducing tariff barriers so countries can prosper through trade, while also ensuring a level playing field. <\/p>\n
He cited steel overcapacity as one example of an issue Britain takes seriously in that context. <\/p>\n
Bryant said the UK was not focusing only on its relationship with the EU, pointing to trade agreements with India and Korea, negotiations with T\u00fcrkiye, and the agreement with the Gulf. <\/p>\n
He also noted that the EU had now reached an agreement with India, suggesting that it might later \u201cbe knocking at the door of the GCC as well.\u201d <\/p>\n
Continuity amid political turnover <\/p>\n
The interview took place as Britain prepared for its seventh prime minister in a decade, following Keir Starmer\u2019s resignation \u2014 a scene that underscored the unprecedented pace of change at 10 Downing Street and raised questions among London\u2019s partners about the continuity of its foreign policy, trade commitments and defense relationships. <\/p>\n
Asked about those concerns, Bryant stressed that the agreement was being concluded by the United Kingdom, not by one individual or a passing government. <\/p>\n
\u201cIt\u2019s the UK that\u2019s doing this deal, not one individual person,\u201d he said. \u201cIt\u2019s not about me. It\u2019s about the UK doing a deal with the Gulf Cooperation Council.\u201d <\/p>\n
He said that whoever the prime minister is in Britain, the agreement would remain a deal between the United Kingdom and the Gulf. <\/p>\n
\u201cYou don\u2019t need to worry about that,\u201d he said. <\/p>\n
Asked whether he expected to remain in his post in three weeks\u2019 time \u2014 the expected timetable for a new prime minister to take office if no challenger emerges to the frontrunner, Andy Burnham \u2014 Bryant said the decision was \u201cnot up to me,\u201d before adding in Arabic: \u201cInshallah.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"British Minister of State for Trade Chris Bryant has described the free trade agreement between the United Kingdom…\n","protected":false},"author":2,"featured_media":662793,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,50,56,54,55],"class_list":["post-662792","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-gb","tag-great-britain","tag-greatbritain","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/662792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=662792"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/662792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/662793"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=662792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=662792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=662792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}