UAE Minister of Economy Sultan bin Saeed Al Mansouri said on Monday that U.K. had discussed with the United Arab Emirates and other Gulf countries the possibility of concluding a trade pact after Britain leaves the European Union.
Al-Mansouri said Britain had discussed the matter with the Gulf Cooperation Council (GCC) members، including the UAE، Saudi Arabia، Kuwait and Bahrain.
No further details were disclosed.
The minister made the remarks during a session of the World Summit of Governments in Dubai.
Noteworthy، Britain is due to leave the EU on March 29، but it has yet to find an agreement acceptable to both Brussels and UK lawmakers، raising the prospect of a disorderly exit that could damage the world’s fifth-largest economy، Reuters reported.