Keir Starmer described the agreement, worth double original estimates, as a ‘huge win’ for British businesses

The U.K. is the first G7 country to secure a trade agreement with the GCC.

Keir Starmer described the agreement, worth double original estimates, as a ‘huge win’ for British businesses

The UK has become the first G7 country to strike a free trade deal with the bloc of six Gulf states

Britain signs agreement to open door for significant investment from Gulf

The UK has become the first G7 country to strike a free trade deal with the bloc of six Gulf states

The agreement will remove £580 million ($778 million) in tariffs on UK goods imported to the region, covering food, medical equipment and advanced manufacturing

British Prime Minister Keir Starmer announced a trade agreement with six Persian Gulf countries that he says will raise living standards in Britain.

Britain becomes the first G7 nation to secure a comprehensive free trade deal with the Gulf Cooperation Council, worth $5B annually and cutting tariffs on 93% of UK exports.

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The agreement will remove £580 million ($778 million) in tariffs on UK goods imported to the region, covering food, medical equipment and advanced manufacturing

The UK signed a £3.7B trade deal with the Gulf Cooperation Council, becoming the first G7 nation to do so. The FTA opens doors for fintech and digital assets.

As details of the deal trickle through, POLITICO has identified the sectors that look most likely to benefit as well as those who appear to be missing out.

The deal is the first of its kind between the GCC and a G7 country, and will scrap tariffs on billions of euros worth of British exports.