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US trade visit to UK abandoned due to fears of coronavirus

 


The coronavirus dealt a blow to Britain's business ambitions after Brexit after a delegation of six American states canceled its visit to London for talks this month.

Representatives from Virginia, Tennessee, Georgia, Mississippi, Maryland and Oregon were to meet with officials from the Department of International Trade (DIT) to discuss the possibilities for state-level agreements. with the United Kingdom, which are expected to be worth billions of dollars for the British economy.

The idea that Boris Johnson's government is negotiating deals with individual states as a safety net while it tries to reach a free trade agreement with America was promoted in January by former trade secretary Liam Fox.

US state officials say pressure from below would draw the attention of federal officials to an American-British deal, which in turn the government hopes to encourage progress in European negotiations .

British exports to the six states combined were worth $ 13.6 billion last year, according to figures from the US Census Bureau. Reinforced diplomacy targeted at the state level, to create public procurement opportunities and remove non-tariff barriers, should increase this total.

However, the meetings between the two sides have been postponed due to fears about the global epidemic. Teams had planned an oyster and Guinness dinner on St. Patrick's Day, but that was also canceled.

Two Teesside trade missions to Singapore and Taipei, organized by the Northeast Chamber of Commerce, were also postponed due to the virus last month.

Allie Renison, head of EU and trade policy at the Institute of Directors, said that the epidemic had come at an unfortunate time for the government, which aspired to create a Britain global through post-Brexit trade deals.

If it becomes the new standard that becomes a huge problem for the government in terms of trying to match the narrative with ambition, she said.

A spokesperson for OCO Global, a trade and investment consultancy that works with DIT and facilitated the visit, said: Engagement and negotiations between the U.S. states and the United Kingdom will continue, both parties being determined to develop business opportunities that will ensure economic prosperity.

He has not confirmed a new date for the mission.

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