FDF statement on UK trade deal with GCC

Food & Drink Federation Chief Executive, Karen Betts:

“Food and drink manufacturers welcome the new Free Trade Agreement with the Gulf Cooperation Council (GCC). It’s an exciting opportunity to boost trade with what is a rapidly growing market for UK food and drink.

“Prior to the war in Iran, our exports to the region were worth over £800m a year and growing at twice the rate of EU exports, reflecting the high demand in GCC countries for high quality, delicious and trusted British brands. While we expect trade to continue to be disrupted in the short-term, the removal of tariffs from day one on iconic British products like oats, breakfast cereals and biscuits will help food manufacturers build export momentum in the years ahead.

“We look forward to working with the Government to ensure food and drink businesses have the support they need to make the most of this new opportunity.”