Although the U.S. appears to have little interest in negotiating a traditional bilateral free trade agreement with the United Kingdom, the two sides are working to pursue closer trade ties in other ways.
Following the second meeting of the U.S.-UK Dialogues on the Future of Atlantic Trade in as many months April 25-26, the two sides directed their teams to work over the next several weeks to “develop an ambitious roadmap with economically meaningful outcomes,” including in the following areas.
- supporting the digitalization of trading systems and transactions and building on the G7 digital trade principles
- promoting critical supply chain resilience
- identifying and overcoming trade barriers for small and medium-sized enterprises, focusing on trade facilitation for SMEs, and sharing and promoting best practices
- working to develop more durable and inclusive trade policies that demonstrate that trade can be a force for good
- supporting the protection of labor rights and tackling forced labor globally
- supporting open, predictable, rules-based agricultural trade to mitigate supply chain disruptions and restore global food security
- deepening cooperation on trade and the environment and developing joint approaches to supporting businesses, green jobs, and the growth of low-carbon economies
For more information on U.S.-UK trade issues, please contact Nicole Bivens Collinson at (202) 730-4956 or via email.
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