Britain Increases Bilateral Trade with the UAE

Asked by Mr Alistair Carmichael

Asked on: 28 June 2017

Department for International Trade

Trade Agreements: United Arab Emirates

To ask the Secretary of State for International Trade, which industries are to be included under the agreement between the UK and the UAE on increased bilateral trade; and if he will make a statement.

Answered by: Mark Garnier

Answered on: 03 July 2017

The UK has a strong trade relationship with the UAE, in 2015 the UAE was the UK's 4th largest export market outside of Europe and bilateral trade was £12.4bn.

The Department for International Trade (DIT) has identified high value campaigns for the UAE in infrastructure, healthcare, education, creative industries, financial services, aerospace, nuclear and defence and security. DIT also provides considerable support to British companies operating in the UAE in other sectors like oil and gas, life sciences, food and drink and retail.