ÐßÐßÊÓƵ Publishes ‘Building on a Solid Foundation – The Business Case for a UK- U.S. Free Trade Agreement.’
15 June 2020
Contact: Dominic Parker, Communications ManagerÌýdparker@babinc.orgÌý| 020 7290 9882 | +44 7500 115 352
‘Building on a Solid Foundation’Ìýargues that a comprehensive agreement will allow an already world–leading trade and investment relationship to grow further. The paper uses real examples ofÌýBritish and AmericanÌýcompanies to show how business leads innovation, provides new jobs, creates consumerÌýchoiceÌý²¹²Ô»åÌýcontributesÌýto the prosperity of both countries.Ìý
Commenting on the paper, Duncan Edwards, Chief Executive ofÌýBritishAmericanÌýBusiness said:Ìý
“As the trade negotiations between the US and UK enter their second round it is important to remember that this is not a theoretical exercise but a practical one of real significance to the people of both countries.Ìý There is already an astonishingly good trade and investment relationship between the two markets as our examples show.Ìý A new ambitious agreement which removes tariffs and unnecessary barriers and restrictions will encourage even more activity,Ìýfrom which both countries benefit through jobs and capital spending.Ìý This agreement was always going to be important, but it is needed more than ever now as both economies look to recover from theÌýongoingÌýcrisis.â€Ìý
Emanuel Adam,ÌýDirector of Policy and Trade,ÌýBritishAmericanÌýBusiness LondonÌýsaid:Ìý
“I have seenÌýfirst-handÌýhow trade and investment between the UK and the U.S. defines the success and growth of companies in both countries, big and small.ÌýAlongsideÌýthe economic success stands a visible change for the better for businesses, local communities and its people.â€Ìý
Click hereÌýto read Building on a Solid Foundation – The Business Case for a UK-U.S. Free Trade Agreement.Ìý