UK Food and Drinks Industry Sees Opportunities from New Trade Deal with GCC
The UK government has signed a trade deal with the Gulf Cooperation Council (GCC) that will remove import tariffs worth £580 million on food products such as cheese, chocolate, biscuits, and smoked salmon. The agreement is expected to boost annual bilateral trade by up to £15.5 billion and provide an estimated £3.7 billion in economic benefits once fully implemented.
Topics: food and drink exports GCC tariff removal trade deal