UK and US Kick off Trade Deal Negotiations
UK and US trade negotiators started official talks on a future trade deal on Tuesday, DW reports.
British International Trade Secretary Liz Truss and US Trade Representative Robert Lighthizer held a video conference call that kicked off a two-week round of bilateral negotiations, involving some 100 officials.
Both nations said in a statement that a trans-Atlantic free trade agreement would ''contribute to the long-term health of our economies, which is vitally important as we recover from the challenges posed by COVID-19.''
They have promised to work at ''an accelerated pace'' to strike a deal.
The restart of talks comes as the UK must negotiate a trade agreement with the EU, following Brexit, and in the midst of a pandemic that threatens to upend the global economy.
Trade in goods between the US and the UK was valued at $127.1 billion (€117.2 billion) in 2018. Britain is the seventh-largest U.S. goods trading partner, after South Korea, according to the US Census Bureau.
Other materials on this subject
- Russia, Iran are negotiating creation of common steblecoin on gold The Iranian government intends to secure this token with gold, that is, it will be a kind of steblecoin. The token is expected to work in a special economic zone in Astrakhan, which will receive cargo...
- G7 coalition has agreed to set fixed price for Russian oil The initial price itself has not been set, but should be in coming weeks, multiple sources said. Coalition partners agreed to regularly review the fixed price and revise it as needed, the source said,...
- Details of 8th package of EU sanctions against Russia became known Thus, Brussels will establish a legal basis for determining the price ceiling for Russian oil for its transportation by sea from December and oil products - from February 2023.
- White House Accuses Opec+ of Aligning with Russia The Opec+ group said it would reduce production targets by 2mn barrels a day, equivalent to 2 per cent of global supply, following its first in-person meeting in two years in Vienna. The actual cut in...
- UNCTAD Warns of Policy-Induced Global Recession According to the report, rapid interest rate increases and fiscal tightening in advanced economies combined with the cascading crises resulting from the COVID pandemic and the war in Ukraine have already...
Read also
-
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian...
-
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
-
Armenia to sign new agreement with US in nuclear energy use
-
UK’s King Charles III meets with Zelensky at Buckingham Palace (Sky News)
-
White House denies US Navy's involvement in blowing up Nord Stream 2
-
Deputy PM presents humanitarian situation in blockaded Nagorno Karabakh to UK Ambassador
-
Azerbaijan FM gives UK minister of state distorted information about Lachin corridor
-
17:08The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11Armenia sends earthquake aid to Turkey
-
10:43Commemoration of the Pontiff St. Sahak Partev
-
09:16Some roads are closed and difficult to pass in Armenia
-
19:55Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30Prime Minister Pashinyan and President Khachaturyan meet
-
18:20Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01Humans could land on Mars within 10 years, Musk predicts
-
16:45France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59Earthquake death toll in Turkey rises to 18,342
-
15:43Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06French president rules out fighter jet supplies to Ukraine in near future
-
14:475 Day Weather Forecast in Armenia
-
14:44President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
day
week
month
Humidity: %
Wind: km/h