britains biggest council seeks postbrexit qatari cash
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

To secure up to $6.5 billion in investment

Britain's biggest council seeks 'post-Brexit' Qatari cash

Arab Today, arab today

Arab Today, arab today Britain's biggest council seeks 'post-Brexit' Qatari cash

Birmingham City
Doha - AFP

Britain's largest local authority concluded a landmark "post-Brexit" trade visit to Qatar on Tuesday in a bid to secure up to $6.5 billion in investment.

Birmingham City Council's three-day business tour to the Gulf is thought to be the first ever undertaken by a British local authority to Qatar to seek funding.

Council leader John Clancy said the visit was in direct response to the British vote to leave the European Union.

"To be frank, it's a post-Brexit thing," said Clancy.

"It's part of a post-Brexit resettlement and cities in the UK in particular have to have an international profile."

Birmingham, with a population of more than one million and located in England's west Midlands, wants billions for infrastructure projects and new homes as it seeks to meet the cost of regenerating two areas in Britain's second most populous city.

The council describes itself as the largest UK local authority.

Clancy was in Doha with a four-strong team, including members of "Marketing Birmingham", a public and privately funded group which seeks to attract investment to the city.

They met Qatari government ministers and business leaders and were supported by British officials and embassy staff.

"We have had strong input from the Department of International Trade, strong embassy support -- that says a lot about government policy."

In the past Birmingham has used European Union funding to help regenerate the city, including money for a convention centre and transport.

But the uncertainty caused by Brexit has caused it to look elsewhere and this week's visit follows a similar trade visit to China by Birmingham council leaders last year.

In recent weeks, two British government ministers -- Philip Hammond and Liam Fox -- have visited Qatar to try to improve flourishing trade links between the two countries, thought to be worth around $6 billion a year.

And at the end of last year, Prime Minister Theresa May visited Bahrain for a two-day Gulf Cooperation Council meeting.

According to official London figures, Britain is the fourth largest exporter to Qatar.

Investments in Britain by the gas-rich Gulf emirate include Harrods, Canary Wharf, a stake in Heathrow and The Shard.

Birmingham will also host a UK-Qatar trade conference in March.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains biggest council seeks postbrexit qatari cash britains biggest council seeks postbrexit qatari cash

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

britains biggest council seeks postbrexit qatari cash britains biggest council seeks postbrexit qatari cash

 



GMT 10:59 2018 Friday ,07 December

Houthi militia shell commercial center in Hodeidah

GMT 21:12 2017 Sunday ,10 December

UAE, Sri Lanka advancing bilateral relations

GMT 19:21 2017 Wednesday ,08 November

Iqbal Day marked in Paris

GMT 18:14 2017 Wednesday ,31 May

A handbag? For $380k, it's yours

GMT 21:17 2017 Saturday ,21 October

EU summit to throw Britain a Brexit bone

GMT 15:45 2017 Friday ,04 August

Yemeni army liberated more areas in Shabwa

GMT 20:23 2017 Thursday ,14 September

Paul Auster tops shortlist for Man Booker prize

GMT 09:55 2017 Tuesday ,14 November

Horford leads way as Celtics win 12th straight

GMT 20:04 2018 Sunday ,02 September

Drive to teach food safety to housewives

GMT 08:54 2014 Monday ,17 November

German artist hits back at Bayreuth Festival

GMT 13:15 2018 Wednesday ,17 January

Bassil welcomes Ambassadors of Iraq, Hungary

GMT 01:05 2017 Thursday ,23 March

Strawberry prices fall to Dh10 a kilogram
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday