16th March, 2022

In response to today’s announcement that the US and UK governments will establish a series of UK/US Trade Dialogues on the Future of Atlantic Trade, BAB’s CEO Duncan Edwards made the following statement:

“The transatlantic business community applauds today’s announcement as an important step towards deepening the transatlantic trade and investment ties between the United Kingdom and the United States. The trade and investment relationship between the US and UK is an enormous economic success story and a great driver of the prosperity of both countries, but there is always more that can be done; we would like to see these Dialogues find ways to further liberalize this trade corridor and remove unnecessary financial, regulatory and technical barriers. BAB proposed the creation of just such a Forum in December 2021 and will help with the work undertaken by delegates to these discussions in any way that we can.

“We are pleased to see both countries recognize the importance of strong transatlantic trade, investment, and political cooperation, particularly at a time when global events have made relationships with trusted partners more important than ever.

“Members of BritishAmerican Business still believe that both countries would be best served by a comprehensive Free Trade Agreement but acknowledge that this is unlikely to happen in the near future. Substantive progress is still very possible on a range of issues and the continued dialogue is valuable in its own right.”

Learn more about the UK/US Dialogues here.