Looking ahead, Reeves is pursuing a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as the next major deal following Brexit.

Rachel Reeves, the UK Chancellor, has emphasized the significance of recent trade agreements with the United States, the EU, and India, asserting that the UK is well-positioned for international trade.

In light of these developments, Labour leader Sir Keir Starmer expressed optimism about improving UK-EU relations and a collaborative future, signaling a move beyond previous disputes.

Recent trade agreements are expected to enhance the UK's economic growth forecast, with an anticipated growth of 1% for the year.

Despite these advances, Reeves clarified that the UK is not currently pursuing trade negotiations with China.

However, concerns over the human rights records of some Gulf countries may complicate these trade negotiations and make them politically controversial.

Discussions with the Gulf Cooperation Council (GCC) were initially started by the previous Conservative government and have continued under the current Labour administration.

Starmer has highlighted the positive momentum in trade negotiations with GCC states, particularly following discussions with Saudi Crown Prince Mohammed bin Salman.

The UK government claims that this post-Brexit 'reset' could boost the economy by £9 billion by 2040 while reducing bureaucratic hurdles for travelers and businesses.

The EU deal includes provisions for British travelers to use passport e-gates in Europe, enhanced access for UK farmers to EU markets, and a new security and defense partnership.

Amidst a sluggish UK economy and ongoing trade barriers post-Brexit, the government is determined to make Brexit a success through these international trade deals.

The recent trade agreement with the US has reduced tariffs on British imports, while the EU pact aims to alleviate trade barriers and improve relations that were strained by Brexit.