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Negotiations on the UK’s future trading relationship with the US: Update
18 May 2020
Type
Written Ministerial Statement
Department
Department for International Trade
At a Glance
Issue Summary
Elizabeth Truss updates Parliament on the first round of UK-US Free Trade Agreement (FTA) negotiations and sets out details for the upcoming second round.
Action Requested
Truss announces that a second virtual round of negotiations will take place in the weeks of June 15-22, with ongoing preparatory work continuing throughout. She also confirms a commitment to a comprehensive agreement covering services, investment, digital trade, and SMEs.
Key Facts
- First round of UK-US FTA negotiations held from May 5-15, 2020.
- Second virtual round of negotiations scheduled for weeks of June 15-22.
- Negotiations covered nearly 30 different negotiating groups and all aspects of a comprehensive trade agreement.
- Both sides identified positive alignment in services, investment, digital trade areas.
- Mutual commitment to creating new opportunities for businesses and delivering benefits for workers, consumers, farmers.
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Assessment & feedback
Summary accuracy