Statement
Published: 13 March 2024
BritishAmerican Business Welcomes UK-Texas Trade Pact
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BritishAmerican Business CEO Duncan Edwards said a trade pact with Texas is the most significant-to-date.
“A deal with Texas, the 9th largest economy in the world and the second-largest in the US, is a huge win for business.
“Texas is a diverse economy with a great deal of opportunities across a number of sectors including energy, technology, life sciences and professional services.
“From the outset of the state-level MoU scheme, it has been BAB’s strong view that priority should be given to those states which offer the most opportunity and Texas certainly falls into this category.
“BAB would much rather see a handful of agreements which are adequately resourced with larger states like Texas and Florida, than dozens of agreements with smaller states that lack the required focus.”
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.