Wednesday, May 6, 2020

Assessing U.K. Objectives For An FTA With The US

How the U.S. Should Respond to the U.K.’s Negotiating Objectives for a Free Trade Agreement, Heritage Foundation Issue Brief #5069, May 6, 2020. "On March 2, the U.K. published its negotiating objectives for a free trade agreement with the U.S. These objectives make it clear that the U.K. is committed to free trade with like-minded democracies, including the U.S. The U.K. attaches particular importance to an ambitious and comprehensive free trade agreement with the U.S., viewing it as a strategic opportunity to strengthen the Special Relationship. The U.K. places particular emphasis on expanding trade in services with the U.S. and hopes the U.S. and U.K. can set a new gold standard for digital trade and the protection of intellectual property. The U.K.’s objectives demonstrate that, while negotiations for an agreement with the U.S. will not be free from challenges, there is a clear basis for the speedy conclusion of a free trade agreement between the U.S. and the U.K."

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