[Economics] U.S., U.K. to Kick Off Bilateral Trade, Investment Dialogues Next Week

[Aveyro]

 

WASHINGTON—The U.S. and the U.K. have agreed to start talks to deepen trade and investment ties, their first broad effort to promote bilateral trade since negotiations to forge a free-trade agreement between the two nations were suspended last year.

 

The discussions are aimed at closer collaboration on a range of issues including easing supply-chain congestion, decarbonizing their economies, promoting digital trade, supporting domestic workforces and labor rights, U.S. and U.K. officials said.

 

The talks will take place on March 21 and 22, when U.S. Trade Representative

 

Katherine Tai

 

is scheduled to meet the U.K.’s Secretary of State for International Trade Anne-Marie Trevelyan in Baltimore. Another session will take place in the U.K. later this spring, said the officials.

 

The discussions represent the Biden administration’s efforts to strengthen economic ties with friendly nations as the countries confront Russia’s invasion of Ukraine with economic sanctions and China’s growing clout in setting rules and standards for global trade and technology.