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 18:05 2018 Friday ,07 September

Outstanding orphan, needy family's students awarded

GMT 23:58 2017 Monday ,25 December

Kuwaiti Premier receives Saudi Royal Court advisor

GMT 22:17 2016 Thursday ,16 June

Black box recovered from EgyptAir crash site

GMT 05:27 2017 Saturday ,11 November

IMF urges Argentina to step up pace of economic reforms

GMT 08:24 2017 Thursday ,24 August

Chad closes Qatari embassy in Ndjamena

GMT 14:50 2017 Monday ,25 September

Japan's Abe triggers snap election amid N.Korea crisis

GMT 05:49 2017 Thursday ,24 August

Mugabe says not going anywhere, not dying

GMT 14:17 2017 Saturday ,25 March

Bahrain-US cultural cooperation discussed
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