BritishAmerican Business - Policy Snapshot March 2018
March was an important month for BAB's policy work, spanning both sides of the Atlantic.
The publication covers 10 areas that we identified as priorities for the transatlantic trade and investment environment, and span the interests and activities of our members. As we can see with recent developments in the field of data flows, financial services, Brexit (
transition
), transatlantic trade and migration (Interim
MAC report
on EEA workers in the UK); we are on the right track and our voice is being heard.
Also, whilst anxiety remains for transatlantic business over the end result of Brexit; optimism grows among transatlantic businesses in the UK. This is also in the context of continued positive momentum about UK-US economic relations that lie at the heart of our work.
This month, we were delighted to support the 1st session of the UK-US SME Dialogue in Washington, D.C., which was organised ahead of the 3rd meeting of the UK-US Trade and Investment Working Group.
In New York, we hosted
UK Secretary of State for International Trade
, Liam Fox,
and in London BAB was pleased to host Assistant Secretary for Business and Economic Affairs, Manisha Singh, for her only business engagement in the UK. We also hosted Congressional delegations from both the House and Senate and organised an expert briefing for members on an issue we hear a lot about, Rules of Origin.
As we return from the Easter break, email the
BAB Policy Team
or tweet us @BritAmBusiness if you want to find out how to be involved in our policy work, at BAB or via the chapters of the British-American Business Council (BABC).
The BAB Policy Team
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Launch of Policy Agenda 2018
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BAB was proud to launch our 2018 Policy Agenda publication, titled 'Strength and Opportunity in a Time of Change'.
The Policy Agenda is BAB’s flagship policy document, distributed to over 1000 leading policy makers and businesses across the UK and the US. It covers 10 areas BAB identifies as being of great importance to the environment for trade and investment between the USA and the UK.
This year’s publication covers the US and UK perspectives on the areas of; Brexit, UK-US Trade and Investment, Mobility of Talent, Infrastructure, Tax, Data, Cyber Security, Financial Services, Internet of Things and FinTech.
While there are some areas of challenge, there are even more areas of opportunity for both the UK and US to work together and achieve the shared goal of strengthening the relationship between both countries.
As the voice of transatlantic business, BAB wants to make sure our members are heard in that process. If you have any issues you want to raise that are affecting your business please do not hesitate to get in touch.
The Policy Agenda was made possible due to the commitment and kind support of our partners: Caterpillar, Arup, EY, Magrath Sheldrick LLP, Zebra Technologies, and Wells Fargo.
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Events, Meetings & Initiatives
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BAB hosts Secretary of State Liam Fox in New York
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BAB was pleased to host Liam Fox, UK Secretary of Trade, for a discussion on all things UK-US trade and the UK Government's 'Global Britain' plan.
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BAB welcomes Assistant Secretary Manisha Singh in London
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BAB's Policy Group, led by Policy Group Co-Chairs from Caterpillar and UPS, welcomed Assistant Secretary, Bureau of Economic and Business Affairs, Manisha Singh, for a roundtable meeting with members; the only business engagement on her UK visit.
The meeting covered British and American company views on Brexit and operational decisions they are making due to it. It also covered the changing transatlantic business environment.
BAB is thankful to Charles Russell Speechlys LLP for hosting.
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US-UK SME Dialogue Launched in Washington D.C.
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We were honoured to participate and support the newly established US-UK Small and Medium-sized Enterprises (SME) Dialogue, held on March 20th in Washington D.C., on behalf of members in the BAB and British-American Business Council (BABC).
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Taking place around the 3rd US-UK Trade and Investment Working Group meeting, the SME Dialogue was convened to explore the future US-UK trade and investment relationship post-Brexit and to look at opportunities to deepen the transatlantic economic relationship – particularly for SMEs.
Emanuel Adam, Director of Policy & Trade, spoke on behalf of BAB and the British-American Business Council on the importance of connecting SMEs and policy makers on issues where both need to hear and understand from each other’s perspective.
Read the official press release from the United States Trade Representative
here.
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BAB hosts Senior Staff from Congress to London
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Members of the BAB's Policy Group, led by Theo Bachrach, BAB's Policy and Public Affairs Manager, were pleased to host a bipartisan delegation of senior staff from the House and Senate for a meeting with members in London
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The meeting served as an opportunity for BAB members from across 5 sectors to bring Congress up to speed on transatlantic businesses perspective of the current state of Brexit negotiations and what the US can be doing to support the UK and transatlantic business in the process.
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Expert Information Session on Rules of Origin
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BAB organised an expert briefing session for members on rules of origin.
The breakfast session covered all things Rules of Origin with practical advice for members to inform their business decisions.
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Events across the BABC Network
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BABC Northern California is pleased to present this event, co-hosted by BABC Premier Members Penningtons Manches LLP and NCC Group.
With just a few months remaining until the General Data Protection Regulation (GDPR) comes into effect on 25 May, time is now running out for many businesses. In this event, an expert panel will discuss this major shake-up of privacy law, how it impacts US business, the key steps which need to be taken, and the onerous sanctions for non-compliance.
Date: Wednesday, April 11
Venue: Docusign
221 Main Street,15th Floor
San Francisco, CA
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Join BritishAmerican Business and our luxury partners, Jaguar Land Rover North America, LLC and its franchised retailer Jaguar Land Rover Manhattan, to network over lite bites & libations while checking out Jaguar’s stylish vehicles.
This event will take place in the retailer Jaguar Land Rover Manhattan’s newly renovated showroom. Open to all members.
Date: Thursday, April 19
Time 6:00 – 7:30 PM
Location Jaguar Land Rover Manhattan | 787 11th Avenue
For more information, contact Program Coordinator, Jamie Diamond, at 212.983.3729
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Join the British American Business Council of Greater Philadelphia for our signature annual Young Professionals Group (YPG) panel discussion at The Trestle Inn.
While this program is led by our YPG, everyone across all industry sectors and professional levels is welcome to attend. This event is open to members and non-members alike. Speakers will be talking about the workplace of the future.
Date: Thursday, April 26
Time: 6-8:00 pm
Location: The Trestle Inn
11th & Callowhill
Philadelphia, PA 19107
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British-American Business Council New England
Special Event at MIT Industrial Liaison Program
Successful partnerships between companies and universities require considerable effort but can offer significant value to both parties. This panel discussion will explore best practices in building long term partnerships between academia and industry including how partnerships are initiated and maintained.
Introduction by Karl Koster, Executive Director, MIT Office of Corporate Relations.
Date: Thursday, April 26
Time: 5.30pm - 7.30pm
RSVP by April 19.
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Thank you for reading this month's Policy Update. If you have any feedback or comments,
BritishAmerican Business provides the official policy support to the British-American Business Council (BABC). With that, BAB Policy work supports and represents more than 20 chapters and their members in major business centres throughout the UK and North America.
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