United Kingdom–United States free trade agreement

The United Kingdom–United States Free Trade Agreement (UKUSFTA) is a proposed free trade agreement between the United Kingdom and the United States.[1][2] The agreement between the UK and the US is currently being negotiated.

UK-US FTA
  United States (US)
  United Kingdom (UK)
TypeFree trade agreement
ContextTrade and investment between the United Kingdom and the United States
Signednot signed
Negotiators
Parties
LanguageEnglish

History

The United Kingdom and the United States began negotiations on the 5 May 2020 and have currently had four rounds of negotiations as of September 2020.[3][4]

Draft Legal & Treaty Text

In February 2019, the United States released its negotiating objectives.[5] The United Kingdom released its objectives on 1 March 2020.[6]

Areas Covered in the FTA and Contention Points

- Trade in Goods

- Sanitary and Phytosanitary Measures (SPS):

- Customs and Trade Facilitation

- Rules of Origin

- Technical Barriers to Trade (TBT)

- Good Regulatory Practices

- Transparency, Publication, and Administrative Measures

- Trade in Services, Including Telecommunications and Financial Services

- Digital Trade in Goods and Services and Cross-Border Data Flows

- Investment

- Intellectual Property

- Procedural Fairness for Pharmaceuticals and Medical Devices

- State-Owned and Controlled Enterprises (SOEs)

- State Subsidies

- Competition Policy

- Labor

- Environment

- Anti-corruption

- Trade Remedies

- Settlement

- General Provisions

- Currency

[7]

Documents

United Kingdom

United States

See also

References
  1. "UK and US start trade negotiations". May 5, 2020.
  2. Pickard, Jim (May 3, 2020). "UK-US trade talks to begin on Tuesday".
  3. (1) Lawder (2) Shalal, (1) David (2) Andrea (May 5, 2020). "U.S., UK launch trade talks, pledge quick deal as virus ravages global economy". Reuters.
  4. (1) James Warrington (September 22, 2020). "Liz Truss hails 'productive' fourth round of UK-US trade talks". City A.M.
  5. "UK publishes negotiating objectives for post-Brexit US trade deal". ITV News. March 2, 2020.
  6. "U.S. Trade Representative Releases Summary of U.S.-UK Trade Agreement Negotiations". Thompson Hine. March 1, 2019.
  7. Powney, Mark (May 20, 2020). "UK-US Free Trade Agreement Negotiations Progress". Business News Wales.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.