Speech: Leaving the EU gives us an unprecedented chance to boost trade with the US

In my role as Her Majesty’s trade commissioner for North America, my priority is to work with our teams across the US and Canada to help businesses of all sizes and from all parts of the UK to seize export opportunities in both countries, and to attract high quality investment to the UK.

Today, I am delighted to be hosting a series of trade events on board the Royal Navy’s new flagship HMS Queen Elizabeth alongside international trade secretary, Liam Fox.

This is an incredible opportunity: not only to demonstrate the strength of the UK-US relationship, but to build meaningful bridges between companies in key sectors.

The US and UK have long been partners at sea; the Anglo-American Shipping Collaboration during the Second World War saw millions of tonnes of supplies imported into the UK on US ships, protected by Royal Navy vessels.

Our militaries do more together than any 2 countries in the world, and our mutually-supportive cooperation enables us to operate together, and in wider alliances, around the world in the interests of global security.

Our troops equip, train, fight and recuperate together. Hundreds of UK personnel are stationed in the US, across 34 of the 50 states. The visit of HMS Queen Elizabeth to America’s largest city is a symbol of that ongoing friendship and a reminder that we are committed to standing shoulder to shoulder as we face today’s global challenges.

The UK and US have a particularly close working relationship in law enforcement and intelligence cooperation. Our countries’ expertise in cyber and artificial intelligence is a major theme of the trade day.

UK companies have the capability to provide the best-in-class services across a wide range of cyber security requirements, including threat intelligence, training and vulnerability assessments.

Aboard the HMS Queen Elizabeth today the DIT team here in New York, along with their counterparts across North America and in London, have arranged a series of roundtables and forums with industry that will allow key players from both countries, such as Garrison, iProov and Tessian, to meet and discuss opportunities to increase and develop their current partnerships in order to develop export opportunities.

The roundtable will see the founding of a new sub-committee of the UK’s prestigious Board of Trade, which will meet regularly to discuss how British cyber innovation can be exported around the world.

The UK currently exports £1.8 billion of cyber technology a year, but there is the potential to increase this to £3.1 billion by 2022.

Liam Fox and I will also attend the inaugural meeting of the Atlantic Forum today, this event will see the governments of both countries, senior military figures and businesses come together to discuss the cyber and artificial intelligence sectors and how we combat current threats.

The clear objective of today’s events is increased partnership with a country we consider our most significant ally both in defence and in trade.

Our cooperation will ensure that our nations maintain the joint capability needed to keep ahead of the curve.

The UK has recently been selected to be a global repair hub for the F-35, which is the fighter jet class that has been undergoing trials with the HMS Queen Elizabeth off the US East Coast over the past 2 months. We’re also investing billions of pounds in US attack helicopters, maritime patrol aircraft, and other systems.

Today’s events are just part of developing our broader trade and investment partnership with the US, our single largest trading partner, and with whom we are pursuing an ambitious trading future which will create even more export and investment opportunities for British businesses and consumers.

Every region in the UK trades with the US: salmon from Scotland appears in fine dining restaurants in Los Angeles, life sciences products from Manchester save lives in Texas, and space technology from Surrey takes off from Houston and Florida.

Our departure from the European Union gives us an unprecedented chance to see this trade increase, and the Department for International Trade is working hard to make this happen.

We are currently making good progress with Washington in our preparations for negotiating an ambitious UK-US Free Trade Agreement (FTA) once we have left the EU. Our trade and investment working group has met 4 times so far, and another meeting is scheduled in the near future.

At home, we are in the final stages of consulting on what an FTA should cover. We have had responses from across the business community and civil society, as well as significant input from members of the public. If you haven’t contributed to this, then please do so this week before the 26 October deadline.

Our US partners are also stepping up their own preparations.

I warmly welcome last week’s announcement from the US Trade Representative informing Congress of the intention to being formal negotiations with the UK once we leave the European Union. His reference to an FTA based on innovation is also an excellent reflection of the wider partnership we need to build between the UK and US to drive jobs and growth for the future.

Since starting my new role in North America last year, I have been struck by the demand for UK goods and services, across North America.

There are fantastic opportunities for UK companies here, which my hard-working team are constantly promoting through great.gov.uk and other channels. Events like those on board HMS Queen Elizabeth will ensure that we are putting business at the heart of our agenda over the coming months and years.

Continue reading...
 
WTF?
 
"Aboard the HMS Queen Elizabeth today the DIT team here in New York, along with their counterparts across North America and in London, have arranged a series of roundtables and forums with industry that will allow key players from both countries, such as Garrison, iProov and Tessian, to meet and discuss opportunities to increase and develop their current partnerships in order to develop export opportunities."


I am glad they are saving on the conference room expenses...it's empty anyways. ;)
 

The MoD is a department of government, distributing government-approved propaganda. Time we all got with the programme, before the thought police arrive in the backed-out SUV!
 

Purple_Flash

ADC
Moderator

Ayatollah

Old-Salt
In my role as Her Majesty’s trade commissioner for North America, my priority is to work with our teams across the US and Canada to help businesses of all sizes and from all parts of the UK to seize export opportunities in both countries, and to attract high quality investment to the UK.

Today, I am delighted to be hosting a series of trade events on board the Royal Navy’s new flagship HMS Queen Elizabeth alongside international trade secretary, Liam Fox.

This is an incredible opportunity: not only to demonstrate the strength of the UK-US relationship, but to build meaningful bridges between companies in key sectors.

The US and UK have long been partners at sea; the Anglo-American Shipping Collaboration during the Second World War saw millions of tonnes of supplies imported into the UK on US ships, protected by Royal Navy vessels.

Our militaries do more together than any 2 countries in the world, and our mutually-supportive cooperation enables us to operate together, and in wider alliances, around the world in the interests of global security.

Our troops equip, train, fight and recuperate together. Hundreds of UK personnel are stationed in the US, across 34 of the 50 states. The visit of HMS Queen Elizabeth to America’s largest city is a symbol of that ongoing friendship and a reminder that we are committed to standing shoulder to shoulder as we face today’s global challenges.

The UK and US have a particularly close working relationship in law enforcement and intelligence cooperation. Our countries’ expertise in cyber and artificial intelligence is a major theme of the trade day.

UK companies have the capability to provide the best-in-class services across a wide range of cyber security requirements, including threat intelligence, training and vulnerability assessments.

Aboard the HMS Queen Elizabeth today the DIT team here in New York, along with their counterparts across North America and in London, have arranged a series of roundtables and forums with industry that will allow key players from both countries, such as Garrison, iProov and Tessian, to meet and discuss opportunities to increase and develop their current partnerships in order to develop export opportunities.

The roundtable will see the founding of a new sub-committee of the UK’s prestigious Board of Trade, which will meet regularly to discuss how British cyber innovation can be exported around the world.

The UK currently exports £1.8 billion of cyber technology a year, but there is the potential to increase this to £3.1 billion by 2022.

Liam Fox and I will also attend the inaugural meeting of the Atlantic Forum today, this event will see the governments of both countries, senior military figures and businesses come together to discuss the cyber and artificial intelligence sectors and how we combat current threats.

The clear objective of today’s events is increased partnership with a country we consider our most significant ally both in defence and in trade.

Our cooperation will ensure that our nations maintain the joint capability needed to keep ahead of the curve.

The UK has recently been selected to be a global repair hub for the F-35, which is the fighter jet class that has been undergoing trials with the HMS Queen Elizabeth off the US East Coast over the past 2 months. We’re also investing billions of pounds in US attack helicopters, maritime patrol aircraft, and other systems.

Today’s events are just part of developing our broader trade and investment partnership with the US, our single largest trading partner, and with whom we are pursuing an ambitious trading future which will create even more export and investment opportunities for British businesses and consumers.

Every region in the UK trades with the US: salmon from Scotland appears in fine dining restaurants in Los Angeles, life sciences products from Manchester save lives in Texas, and space technology from Surrey takes off from Houston and Florida.

Our departure from the European Union gives us an unprecedented chance to see this trade increase, and the Department for International Trade is working hard to make this happen.

We are currently making good progress with Washington in our preparations for negotiating an ambitious UK-US Free Trade Agreement (FTA) once we have left the EU. Our trade and investment working group has met 4 times so far, and another meeting is scheduled in the near future.

At home, we are in the final stages of consulting on what an FTA should cover. We have had responses from across the business community and civil society, as well as significant input from members of the public. If you haven’t contributed to this, then please do so this week before the 26 October deadline.

Our US partners are also stepping up their own preparations.

I warmly welcome last week’s announcement from the US Trade Representative informing Congress of the intention to being formal negotiations with the UK once we leave the European Union. His reference to an FTA based on innovation is also an excellent reflection of the wider partnership we need to build between the UK and US to drive jobs and growth for the future.

Since starting my new role in North America last year, I have been struck by the demand for UK goods and services, across North America.

There are fantastic opportunities for UK companies here, which my hard-working team are constantly promoting through great.gov.uk and other channels. Events like those on board HMS Queen Elizabeth will ensure that we are putting business at the heart of our agenda over the coming months and years.

Continue reading...
If you sell the yanks a product it should be the whole product with aftersales services, If you sell a license to manufacture like you did the Harrier it is stealing from the people. I've heard all the stories that the Harrier made huge amounts of money for the UK, I have also read and heard the stories where yanks will change and alter a Part without permission that would normally void the contract.
 

Yokel

LE
If you sell the yanks a product it should be the whole product with aftersales services, If you sell a license to manufacture like you did the Harrier it is stealing from the people. I've heard all the stories that the Harrier made huge amounts of money for the UK, I have also read and heard the stories where yanks will change and alter a Part without permission that would normally void the contract.

Why have you replied to this old thread?

The original Harrier was built in the US under licence, but MacDonnell Douglas (now part of Boeing) took the lead for the Harrier II redesign. British Aerospace (now BAE Systems) were a significant contractor, as was Rolls Royce for the Pegasus engine, and other UK companies.

The UK workshare in the F-35 Lightning is significant, particularly with respect to the V/STOL B variant. UK and US research into advanced V/STOL technologies have been coordinated since the early eighties - if not longer.

But you knew that, right?
 

PhotEx

On ROPS
On ROPs
If you sell the yanks a product it should be the whole product with aftersales services, If you sell a license to manufacture like you did the Harrier it is stealing from the people. I've heard all the stories that the Harrier made huge amounts of money for the UK, I have also read and heard the stories where yanks will change and alter a Part without permission that would normally void the contract.

if the Yanks build something under license, they buy the design rights too.
The AV-8B was effectively a totally new US design.
 

Yokel

LE
if the Yanks build something under license, they buy the design rights too.
The AV-8B was effectively a totally new US design.

With many British subcontractors - BAe/BAES, Rolls Royce, Smiths, Ultra, Martin Baker, and many smaller component manufacturers. Also we cannot object too much - how many Sea Kings did we export?

I once worked for a company that did a bit of subcontract work for Rolls Royce - they sell production tooling as well as licences. The Spey engine was built under licence in the US for the A-7 Corsair.

Transatlantic trade goes beyond defence aerospace - and beyond either defence or aerospace. With a concern about the quality of outsourced components, we can be a supplier you can trust.
 

Yokel

LE
I forgot to mention the Rolls Royce LiftSystem used in the F-35B (see here):

British companies are building 15% by value of all 3,000 F-35s planned for production. It is projected that around £35 billion will be contributed to the UK economy through the programme, with around 25,000 British jobs also being supported.

Or the fact that the US Navy used the MT30 marine gas turbine from Rolls Royce, or that some UK companies are considered key suppliers by the US DOD.
 

Ayatollah

Old-Salt
Why have you replied to this old thread?

The original Harrier was built in the US under licence, but MacDonnell Douglas (now part of Boeing) took the lead for the Harrier II redesign. British Aerospace (now BAE Systems) were a significant contractor, as was Rolls Royce for the Pegasus engine, and other UK companies.

The UK workshare in the F-35 Lightning is significant, particularly with respect to the V/STOL B variant. UK and US research into advanced V/STOL technologies have been coordinated since the early eighties - if not longer.

But you knew that, right?
1. It was listed in the topics and I never look at a date, if I find an interesting topic I will respond regardless.
2., The Harrier was originally called the Kestral, and while being developed over 7 pilots were killed ejecting because the aeroplane automatically rolled when the ejection seat was fired.
3. The US Marines still use the Harrier, favoured as one of their best carrier-borne vehicles.
4. No one else has conquered the techniques of the Harrier, even the US Osprey is vulnerable to pilot error.

When you have an elite product, I believe you should hold the reigns and keep it under your own control.
 

Yokel

LE
What do you mean by the techniques of the Harrier? Do you mean vectored thrust and Vertical/Short Take Off and Landing? You are aware that the Soviet Union developed the Yak-38 Forger for shipboard use (same as Sea Harrier and AV-8A/AV-8B)?

The US and UK have taken it to a whole new level with F-35B and the British developed and made LiftSystem and V/STOL flight controls.
 

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