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FINANCIAL NEWS
GCC, UK confirm to make closer ties
09 Dec 2016
(MENAFN) A mutual summit between GCC leaders and British Theresa May confirmed to launch the GCC-UK Strategic Partnership to enhance relations in all fields.
Moreover, UK will spend more than 3bn euro on defense in the Gulf region over the coming decade, spending more on defense in the Gulf than in any other region.
The GCC States and the UK emphasized the need to resolve the conflict through political dialogue and talks facilitated by the UN based on the GCC initiative.
In addition, the GCC states and the UK aim to work jointly on Yemen’s reconstruction, involving rebuilding the economy, sea ports and other public services.
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