As a precursor to our submission on the UK Department for International Trade’s consultation on trade negotiations with the United States, BAB has released the following paper on behalf of our wider membership and network.
It lays out the key principles for our engagement around the consultation and the work of the UK-US Transatlantic Trade and Investment Working Group over the coming months.
1. A strong trading relationship between the UK and EU is a crucial condition for the success of the future UK-US economic relationship
2. Trade and investment needs to be part of an inclusive and transparent growth strategy for the UK
3. A future UK-US FTA should set a new standard for transatlantic economic cooperation and regulatory alignment
4. Perfection should not be the enemy of good
You can read the paper, including our principles in full online here.
For the full October Policy Update click here