(MENAFN) The old ties between the UK and the Arab world will carry on regardless of the problems, which comprise the coronavirus epidemic, Brexit and the worldwide economy, on the words of a senior British government official.
“The Gulf total trade both ways, just prior to COVID-19, was £44 billion (USD50.4 billion). It fell nearly 30 percent during the pandemic but, I’m delighted to say actually, that the most recent numbers show that the trade between the UK and the Arab countries has actually returned to almost exactly the same number it was before,” Simon Penney, UK trade official for the Middle East, updated Arab News.
“So you’ll see that we’ll have these cyclical events, but I think what it demonstrates is the underlying strength and depth of the trading relationship, which has huge potential to grow much, much further, and a free trade agreement will obviously be one part of enabling that further growth.”
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