Statement
Published: 25 September 2023
BritishAmerican Business Welcomes Signing of UK's Sixth Memorandum of Understanding with Washington State
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The UK Government has today signed its sixth state-level MoU with Washington State.
Welcoming today’s signing, BritishAmerican Business CEO Duncan Edwards said:
“Building on an already strong business relationship, the MoU with Washington State has the potential to unlock further opportunities for UK companies in aerospace, clean energy, digital, agriculture, life sciences and innovation.
“Earlier this year, the US and the UK governments signed the Atlantic Declaration, aimed at building a new form of economic partnership to boost growth and competitiveness. The state-level MoU’s are an integral part of this. We are already seeing first-hand, in states like Oklahoma and Utah, how their successful execution can deliver benefits for businesses and communities on both sides of the Atlantic.
“We encourage the UK Government to roll out its MoU scheme with ambition and intent, ensuring UK businesses can take advantage of opportunities in as many states as possible. We look forward to supporting the UK Government as it highlights the opportunities for business in Washington and beyond.”
About BritishAmerican Business
BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.
We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and actions that protect and enhance the environment for transatlantic trade and investment on behalf of our members.
We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming, and marketing platforms.
We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.