Mon 22-08-2022 22:23 PM
RIYADH, 22nd August 2022 (WAM) — Dr Nayef Al Hajraf, Executive Director of the Gulf Cooperation Council (GCC), said that the friendship between GCC member states and the United Kingdom (UK) in serving the common good stressed the importance of on both sides.
Speaking at the opening session of Phase 1 of the GCC-UK free trade talks on Monday, Dr Al Hajraf said he hoped the negotiations would lead to an ambitious Free Trade Agreement (FTA), opening up new horizons for joint investment. expressed. GCC Secretariat press release.
The Kuwait News Agency (KUNA), citing Dr Al Hajraf, said a joint statement signed with British Trade Secretary Anne-Marie Trevelyan on June 22 laid the groundwork for negotiations to begin today. said.
GCC member country leaders believe these negotiations will deepen their strategic partnership with the UN in all areas of economy, trade and investment, he added.
The first phase of talks, held via video link, will continue until August 25th.
WAM/Tariq alfaham/Khoder Nashar