Britain’s Hammond meeting Gulf leaders this week: finance ministry

January 4, 2017 3:41 pm

Britain’s Foreign Secretary Philip Hammond attends a joint news conference with his Saudi counterpart Adel al-Jubeir (not seen) in Riyadh October 28, 2015. REUTERS/Faisal Al Nasser

  • Move part of British drive to promote trade
  • Hammond will meet officials in Kuwait, UAE and Qatar

British finance minister Philip Hammond will meet with political leaders and finance officials from the Gulf states this week as part of the country’s drive to promote trade ahead of its exit from the European Union.

The government said in a statement that Hammond would meet Kuwait’s acting prime minister, finance minister and central bank governor on Wednesday before travelling to Abu Dhabi to meet sovereign wealth funds and the Abu Dhabi National Oil Company.

He will then visit Qatar to meet its finance minister, the Qatar Investment Authority, the central bank governor and bankers.

Great potential

“There is huge potential to expand our economic and investment relationships with our Gulf allies in the future,” Hammond said in a statement on Wednesday.


By Reuters
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