Post-Brexit trade: Qatar & UK plan joint committee

29/03/2017 05:49 AST

British Prime Minister Theresa May has said the UK will set up a joint economic and trade committee to pave the way for a post-Brexit trade agreement with Qatar and other GCC countries.

Addressing the Birmingham session of the two-day Qatar-UK Trade and Investment Forum yesterday, she said: “"I'm delighted that we are also establishing a new joint economic and trade committee.I hope we can pave the way for an ambitious trade agreement for when the UK has left the EU including exploring whether we can forge a new trade agreement for the whole of the Gulf area."

May, who took time to attend the Forum from her busy schedule ahead of today’s historic decision to formally trigger the article 50 enabling UK to quit EU, said Britain was seeking to deepen its relationship with Qatar in areas including defense, education, healthcare, energy and financial services. Qatar is one of the world’s biggest investors in the UK. There is immense investment potentials in UK’s R&D sector, cyber security and Financial Services. “ We will deepen our co-operation in defense and sports”.

May said Qatar investment will help regenerate the cities outside London and south West of UK and make sure better facilities are not limited to the privileged classes.


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