Britain will begin formal negotiations with the US for a trade agreement via video conference next week
Britain to begin formal negotiations with US over video trade deal next week after Boris Johnson promises to ‘make a hard bargain’
- Secretary of International Trade Liz Truss starts the talks with a video conference
- More than 100 negotiators will be involved in the first round of negotiations
- These talks will be conducted in parallel to talks with the EU for a post-Brexit deal
Britain will begin formal negotiations with the US for a trade agreement next week.
Secretary of International Trade Liz Truss and her American counterpart Robert Lighthizer will start the talks via video conference.
More than 100 negotiators will be involved in the first round of negotiations, which is expected to last two weeks.
Discussions will take place in parallel to discussions between the UK and the EU on a post-Brexit trade agreement that has already started.
International Trade Minister Liz Truss and her American Robert Lighthizer will begin formal trade talks via video conference next week
Boris Johnson has pledged to “make a hard bargain” in negotiations with the US
The government has estimated that a transatlantic deal would boost the UK economy by £ 3.4 billion and be especially beneficial to Scotland, the North East of England and the Midlands.
It has pledged to uphold food standards and said the NHS will not be for sale.
When he outlined the UK’s negotiating position for a deal with the US earlier this year, the prime minister said, “We are going to do a hard bargain to boost British industry.
Earlier this year, the prime minister said, “We are going to do a hard bargain to boost British industry.” Pictured: A photo of Boris Johnson clapping for health workers outside of No. 10 published by Downing Street on April 30
“By swapping Scottish smoked salmon for Stetson hats, we will deliver lower prices and more choice for our customers.”
Negotiators had alternated between making calls in the UK and the US, but will now be kept virtual using video conferencing technology.
The US is the UK’s largest trading partner after the EU, accounting for nearly 19 percent of all exports in 2018 and 11 percent of imports. The EU represented 45 percent of all exports and 53 percent of imports.