British Prime Minister Keir Starmer is set to embark on his first official visit to Saudi Arabia on Monday, where he will meet with Crown Prince Mohammed bin Salman.
This trip is part of a broader Gulf tour aimed at enhancing economic and diplomatic relations.
During their discussions, Starmer and the Crown Prince are expected to explore opportunities for a free trade agreement with the Gulf Cooperation Council (GCC), bolster defence partnerships, and attract more Saudi investment into the UK. Starmer’s visit underscores his commitment to driving economic growth and fostering international partnerships.
Trade between the UK and Saudi Arabia currently reaches £17 billion annually, with Saudi Arabia being the UK’s largest defense export market, valued at £3.8 billion each year.
The Gulf Cooperation Council (GCC) as a whole accounts for £55 billion in trade with the UK, and a new trade agreement could potentially increase this by 16%, adding around £8.6 billion annually.
Ahead of his visit, Starmer expressed optimism about the region’s potential, stating, “This region holds immense untapped potential.
I am here to accelerate progress on the Gulf Cooperation Council Free Trade Agreement, deepen research and development collaboration, and partner on future-focused projects in areas such as artificial intelligence and defence.”
In addition to focusing on trade, Prime Minister Keir Starmer’s agenda includes important discussions about stability in the Middle East.
He emphasizes the urgent need for a ceasefire between Israel and Gaza, the release of hostages, and a swift increase in humanitarian aid to the region.
Starmer’s visit highlights Saudi Arabia’s vital role in the UK’s foreign policy and its significance as a key partner in shaping economic and security strategies throughout the Gulf region.
