Press Release

Published: 21 September 2022

BAB Publishes New White Paper: A Small Business Work Plan – Recommendations for a Transatlantic US-UK SME Agenda

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Contact: Dominic Parker, Senior Communications and Media Manager | 020 7290 9882 | +44 7500 115352

Today, BAB published its latest policy paper “A Small Business Work Plan: Recommendations for a Transatlantic US-UK SME Agenda.” 

In preparation for the sixth US-UK SME Dialogue planned to take place in the UK later this year, the paper outlines a comprehensive US-UK SME agenda that can guide government and stakeholder action in the months to come. 

Building on the stakeholder discussions at the fifth US-UK SME Dialogue in June 2022 and drawing on extensive work and experience over the past eight years, recommendations include the establishment of joint principles for future US-UK SME cooperation, permanent mechanisms for government and stakeholder engagement on US-UK SME trade, joint reporting on the barriers faced by SMEs when trading across the Atlantic, specific resources for SMEs, and SME-focused campaigns. 

Support for SMEs is an integral part of the US-UK trade agenda for both governments and business. US-UK SME Trade was one of the core themes in BAB’s 2021-2022 Policy Agenda. SMEs also featured as one of the workstreams at the US-UK Dialogues on the Future of Atlantic Trade in March and April this year.  

BAB’s latest paper is a timely guide and reference for policymakers and stakeholders to create an actionable SME agenda that will deliver for both countries’ people, businesses, and economies.  

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.