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Welcome to BAB's Policy Update for August 2019. We hope you've all been enjoying the summer break, and looking forward to some of the exciting events we've got coming up - check out the 'Upcoming' section at the bottom of this email for a peek, or check out our Events page online.

We kicked off August by meeting the new Secretary of State for International Trade, Liz Truss MP, alongside members in New York to discuss how to advance transatlantic relations in the coming months and years. In London, BAB enjoyed hosting another set of American students studying abroad in Britain, where we got to discuss Brexit and how its impacting transatlantic businesses investing in the UK. We also headed to North London to visit members UPS at their hub in Kentish Town, alongside colleagues at the Department for Business, Energy and Industrial Strategy to learn more about how a global business such as theirs operates, and how they're investing more in the UK market.

BAB also released two statements in August in response to US National Security Adviser, John Bolton’s Visit to the UK, and proposed changes to the UK's immigration system to attract more high-skilled workers. In addition, we were delighted to discuss the prospects of Brexit and UK-US trade with a number of media outlets - more info below.

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BritishAmerican Business Welcomes Secretary of State for International Trade, Liz Truss MP to New York to Meet with Members

On Friday 9 August, BAB New York had the privilege of welcoming the Secretary of State for International Trade, Liz Truss MP to New York City for a roundtable discussion with members on transatlantic trade and investment ties and how they can be strengthened further, something the Secretary of State has made a '#1 priority'

BAB NY co-hosted the roundtable at the Consul General's residence in New York, and was joined by member companies representing some of the leading transatlantic exporters and investors including Standard Chartered Bank , Goldman Sachs , JetBlue Airways , Teneo , the London Stock Exchange Group , Diageo , Edelman , Broadridge , General Atlantic and Fitch Group .

We would like to thank the Secretary of State for taking the time to meet with us and to all of our members who were able to attend. We look forward to working with the Secretary of State and her team at the Department for International Trade further.
Policy Engagements, Meetings & Events
BAB London Welcomes Students from the Cooperative Center for Study Abroad Programme
On 1 August BAB London welcomed students from across the US on the Cooperative Center for Study Abroad programme to our office in Kensington, London.

BAB Policy & Public Affairs Manager Theo Bachrach sat down with the students to discuss the current state of play on Brexit, and the impact it is having on transatlantic businesses.
BAB London Visits UPS Facility in London with the Department for Business, Energy and Industrial Strategy (BEIS)
On 14 August BAB London joined representatives from BEIS for a site visit to one of BAB's members, UPS.

Visiting the UPS facility in Kentish Town, North London, Theo Bachrach from the BAB team and our friends at BEIS were able to see first hand just what goes in to an average day at a global freight company, and learn more about the huge investments UPS is making in the UK, including its focus on staying eco-friendly.

We'd like to thank UPS for once again hosting us at one of their facilities and delivering a fascinating insight into how they operate.
Statements, Press Releases & Media
BAB CEO Duncan Edwards Discusses the Prospects for Brexit on Bloomberg Markets
8 August 2019
BAB CEO Duncan Edwards joined Shery Ahn and Amanda Lang on Bloomberg Markets in August to discuss the prospects for Brexit. Speaking about the possibility of the UK leaving on the 31st October without a deal, Duncan said:

"We hope that an agreement can be reached and some version of the withdrawal agreement that was negotiated still gets passed, but honestly I think it's less and less likely."

You can watch Duncan's interview in full here.
BAB CEO Duncan Edwards Speaks to Aaron Hesltehurst on BBC World Businesses' Talking Business
7 August 2019

Duncan Edwards discussed the prospects of a UK-US FTA, including the opportunities and challenges for businesses on both sides of the pond.
Director of Policy & Trade Emanuel Adam Discusses a UK-US FTA with BBC Radio Ulster
27 August 2019

Director of Policy & Trade, Emanuel Adam spoke to Richard Morgan on BBC Radio Ulster's Good Morning Ulster about the hurdles and possible timeline for a UK-US FTA post-Brexit.

You can listen to Emanuel's interview here. (1:15:30)
BritishAmerican Business (BAB) Comments on US National Security Adviser, John Bolton’s Visit to the UK
13 August 2019

In response to comments made by the US National Security Adviser, John Bolton, that the UK is “first in line” for a trade deal with the United States, BAB Director of Policy & Trade, Emanuel Adam published a statement welcoming his visit as well as his comments.

Read the statement here .
BritishAmerican Business (BAB) Comments on Proposed Reforms to UK Immigration System
13 August 2019

In response to a set of newly proposed reforms to the UK’s immigration system, Duncan Edwards, Chief Executive Officer, published a statement welcoming the measures aimed at attracting more highly-skilled labour to the UK.

Read the statement here .
13 September 2019, London
9:45 – 11:30 AM
Irwin Mitchell | 40 Holborn Viaduct, Holborn, London EC1N 2PZ

This discussion will focus on U.S. Patent and Trademark Office's (USPTO) current priorities and UK’s legislative and policy choices in a post-Brexit environment and their impact on transatlantic innovation and IP-intensive industries.

BAB is keen to secure a cross-sector attendance at this event which is a valuable opportunity to hear direct from the USPTO and raise the current IP priorities our members have.

Click here to learn more.
Business Briefing: Assume It Happens!
Keeping Transatlantic Trade Going
23 September 2019, London
8:00 – 10:00 AM
Linklaters LLP | 1 Silk St | London EC2Y 8HQ

This special business briefing, organised in partnership with Linklaters , will offer participants a tangible update on the trading framework that applies to companies active in transatlantic trade should the UK leave the EU without an agreement on 31st October 2019.

Moving away from politics, leading officials from both the UK and the US governments, as well as trade experts from Linklaters, will offer a concise insight into the preparations that governments have made, new government initiatives and key changes to aware of for businesses to ensure the continuation of their trading flows in a no-deal scenario.

Click here to learn more.
Transatlantic Reception
25 September, Washington DC
5:00 - 7:00 PM
Diageo Townhouse | 310 Sixth Street SE | Washington DC

We look forward to welcoming members to an Exclusive Reception in Washington DC, hosted by  Diageo .

For more information, contact:
Senior Manager, Policy & Programs,  Holly Luu  | 212.661.4062 (NY)

Policy & Public Affairs Manager Theo Bachrach | 020 7290 9884 (LON)
Digital Trade Roundtable
26 September, Washington DC
8:00 - 10:00 AM
Venue TBC

We look forward to welcoming members to our Digital Trade Roundtable in Washington DC, hosted by  S&P Global .

For more information, contact:
Senior Manager, Policy & Programs,  Holly Luu  | 212.661.4062 (NY)

Policy & Public Affairs Manager Theo Bachrach | 020 7290 9884 (LON)
BAB Annual Gala Dinner
8 October 2019, London

BAB’s Annual Gala Dinner is a highlight in the London events programme, bringing together senior members of the US and UK Government and representatives from the largest companies on earth operating in the transatlantic space to honour, celebrate and rally behind the special relationship.

Date & Time:  8 October 2019 | 7:00 - 10:00 PM
Location:  One Great George Street | Westminster, SW1P 3AA
Dress Code: Business Attire
Attendance Fees: Click here for more information

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