PM's speech at the Qatar Trade and Investment Conference
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I am delighted to be able to join you here in Birmingham for this
prestigious conference which comes on the eve of one of the most
significant moments that the United Kingdom has faced for many
years. Tomorrow we begin the negotiations to secure a new,
deep and special partnership with the European Union. As we
do so, I am determined that we should also seize this historic
opportunity to get out into the world and to shape an even bigger
role for a Global...Request free trial
I am delighted to be able to join you here in Birmingham for this
prestigious conference which comes on the eve of one of the most
significant moments that the United Kingdom has faced for many
years.
Tomorrow we begin the negotiations to secure a new, deep and
special partnership with the European Union.
As we do so, I am determined that we should also seize this
historic opportunity to get out into the world and to shape an
even bigger role for a Global Britain.
This means not just building new alliances, but going even
further in working with old friends who have stood alongside us
for centuries.
That is the spirit in which I welcome you all here today.
When I had the privilege of addressing the Gulf Co-operation
Council in December, I said that the relationship between the
United Kingdom and our allies in the Gulf is not just of great
historic value – but also fundamental to our shared future.
It is fundamental to our shared security – because Gulf Security
is our security - and together we face the same global threats
from terrorism and extremism, as we saw again so tragically in
London just last week.
And it is fundamental to our shared prosperity – for Gulf
prosperity is our prosperity – and by growing our trade and
investment we can create new jobs and new opportunities for all
our people.
So I am delighted to welcome His Excellency Prime Minister Sheikh
Abdullah – with whom I have worked on security
co-operation for many years – and to see him here today with one
of the broadest and most senior delegations that Qatar has sent
anywhere in the world, including several Qatari Ministers,
leaders of industry and the Qatari Investment Authority.
The strength and seniority of the delegations here from both the
UK and Qatar are a testament to the importance we both place on
our bi-lateral relationship - and the scale of our shared
ambition to develop it.
Already the United Kingdom is Qatar’s number one destination for
foreign direct investment – with investments worth over £35
billion ranging from the iconic Shard to new housing in the
Olympic Village in East London.
And Qatar is already the third largest market for UK exports
across the Middle East and North Africa, with over 600 UK
companies already benefitting from the opportunity to support
your growing infrastructure and provide goods and services to
your people.
But this week I hope that we can go further, by laying the
foundations for a bold new chapter in this partnership between
our nations.
Last night we signed an historic Memorandum of Understanding to
support Qatar’s 2030 National Vision.
This will deepen the co-operation between our governments and our
businesses across a wide range of vital areas including education
and healthcare, science, research and innovation, tourism and
culture, transport, energy, financial services and the
development of small businesses.
We will also deepen our co-operation on defence, where I hope the
UK can be Qatar’s partner of choice; on cyber, where the UK will
support Qatar to shore up its cyber defences; and on sport, where
the UK will continue to share our expertise on managing major
events as part of our support for Qatar as it prepares for the
2022 World Cup.
And as we support Qatar with British expertise, so today I am
delighted that Qatar is pledging major new investment which will
play a significant role in shaping a brighter future for Britain
too.
For my Plan for Britain is not just a plan to leave the EU, but a
plan to build a stronger economy and a fairer society,
underpinned by genuine economic and social reform to make Britain
a country that works for everyone, not just a privileged
few.
And a critical part of this plan is developing a Modern
Industrial Strategy that can help secure my vision of a
high-skilled, high-paid Britain where opportunity is spread
across every community, not just the most prosperous areas like
London and the South East.
Qatar’s new investment today will help to make this a reality by
providing new support for regeneration projects outside London -
here in Birmingham and in other regions across the country.
It is a bold statement of continued confidence in the British
economy from long-term investors committed to prosperity in every
part of our United Kingdom.
So I look forward to sitting down with Qatari investors this
afternoon to discuss some of the many attractive commercial
opportunities that a Global Britain has to offer.
These include those opportunities arising from our own long-term
investment in infrastructure - such as High Speed 2, which will
be transformative for this region and in turn create many
exciting, new opportunities for investment in all the parts of
the country that it travels through.
These investments will play an important role in helping us to
shape the forces of globalisation so that everyone shares in the
benefits of economic growth.
They will also provide the foundation from which we can take our
trade and investment to the next level. So I am delighted that we
are also establishing a new Joint Economic and Trade Committee.
And as I said at the GCC in December, I hope we can pave the way
for an ambitious trade arrangement for when the UK has left the
EU, including exploring whether we can forge a new trade
arrangement for the whole of the Gulf area.
As a Global Britain, I am determined that we will be the most
committed and most passionate advocate of free trade in the world
– and I look forward to continuing these vital discussions on
growing our trade and investment as part of hosting the
Gulf
Co-operation Council in London later this year.
So thank you again for your support today, for your investments
in our country and for the continued partnership that we are
building together.
Through this enduring commitment between our countries and our
peoples, let us meet the shared challenges to our security; grasp
the shared opportunities for our prosperity; and build a brighter
future for the United Kingdom and Qatar, today and for
generations to come.
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