The EU is preparing to restart the free trade agreement with the member states of the Gulf Cooperation Council (GCC). The content of negotiations is not limited to the economic field, but will also establish a binding political and legal framework for both parties. 

The European Commission said the US reciprocal tariffs, which impose a 20% tariff on European goods, had prompted the EU to seek new trading partners. In addition, Saudi Arabia is the most important regional partner of the EU, and the two sides will upgrade their cooperation to a strategic partnership. 

At a new stage, the cooperation between the EU and Saudi Arabia will go beyond traditional economic trade and further expand to the level of energy, security, technology, and cultural exchanges.