Policy Review: December 2017
2017 has been a roller coaster ride for all of us in the transatlantic policy space. We would like to firstly thank all of our members for your engagement in our work and the invaluable insights you provide which allow us to truly be the voice of transatlantic business speaking on behalf of BritishAmerican Business and the the British American Business Council (BABC) which has more than 20 chapters in major business centres throughout the UK and North America.
In 2017 we put on over 40 policy meetings, engagements and events, appeared before House of Commons Select Committees, produced government submissions on topics ranging from the future of UK Trade to the effects of EEA immigration as well as releasing our Across the Pond publication which highlighted success stories of UK and US companies working in each other’s markets.
Together with our members we put the transatlantic business communities’ voice directly to government on both sides of the Atlantic. We had the pleasure of hosting Ambassadors, CEO’s, Members of Congress and their staff as well as Mayors, Parliamentarians and civil servants from both governments. Our focus has been on Brexit and UK-US economic relations but has taken us into other areas including the effects of sanctions, potential reforms of the US visa system, tax reform and the future of the UK’s immigration system and industrial strategy.
The year ends with progress having been made on Brexit and an agreement between the UK-EU27 which we very much welcomed. The focus now turns to a transition agreement and the final negotiation of the future trading relationship. With the March 2019 deadline in sight, we have to remind ourselves of the deep relationship and dependency between both the UK and the EU.
We have been encouraged by the sustained positive momentum on exploring strengthening UK-US economic relations since the start of the new Administration. In particular the work of the UK-US Trade and Investment Working Group and the work of both governments to explore a future trade agreement and progress that can be made outside of that.
In 2018 we will continue to push forward on Brexit and UK-US Trade and look forward to being in touch in January with our plans for the year ahead.
We wish all our members a very happy Christmas and New Year.
BAB Policy Team