Chancellor Rachel Reeves said the Government is nearing a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as its next major deal.
She told the BBC the agreement would be the Government's 'next deal' as it looks to continue to boost post-Brexit trade ties.
Ms Reeves suggested economic growth would be strengthened through recent trade deals with the United States, the EU and India.
But it comes amid a furious backlash from Brexiteers over the 'surrender deal' with Brussels, which allows bloc fishing boats to land in UK waters.
'Britain is in a better place than any other country in the world in terms of deals with those countries,' Ms Reeves said.
