Statement
Published: 14 November 2023
BritishAmerican Business Welcomes Signing of the UK's Seventh Memorandum of Understanding with the state of Florida
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The UK Government has signed its seventh state-level MoU with the state of Florida.
Welcoming the signing, BritishAmerican Business CEO Duncan Edwards said:
“Today’s new agreement with the state of Florida, the fourth largest economy in the US, is a big step forward in the UK Government’s state-level MoU programme.
“It is without a doubt the most significant MoU to-date and a great win for transatlantic businesses.
“From Miami to Tampa and Orlando to Jacksonville, the state of Florida offers huge potential for UK businesses whether it be in financial services, life sciences, agriculture, technology and space. Today’s MoU will also help attract more investment into the UK from Florida based companies.
“As I travel around the country, I am seeing first-hand the impact of state-level engagement and how it is delivering benefits for businesses as well as local communities. We hope to see many more UK companies choosing to expand in the Sunshine State soon.
“BritishAmerican Business wholeheartedly welcomes today’s signing and we look forward to supporting the US and UK governments, as well as transatlantic businesses, to help foster greater economic collaboration between the UK and Florida.”
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.