The United Kingdom and the United States held the fifth meeting of the UK-US Trade and Investment Working Group (November 2-7), and the third meeting of the UK-US Small and Medium-sized Enterprises (SME
) Dialogue on November 1st.
The Working Group was established in July 2017 by UK Secretary of State for International Trade, Dr Liam Fox MP and United States Trade Representative (USTR
) Robert Lighthizer. It has been focusing on providing commercial continuity for UK and US businesses, workers, and consumers as the UK leaves the EU. It also explores ways to strengthen trade and investment ties both now and in the future, including through a free trade agreement.
Since its inception, the Working Group has been laying the groundwork for a potential future free trade agreement once the UK has left the EU. In the fifth Working Group, representatives of the United Kingdom and the United States continued to exchange information on trade policy-related issues. They aimed to build on the strength of our existing trade and investment relationship and ensure that both sides are well prepared to open trade negotiations after the UK leaves the EU in 2019.
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