Originally Posted by
truthpaste
Sure, with us having no experience since 1973 in striking deals outside the membership of the common market and later the EU, we were never going to hit the ground running, a deal with Japan was signed in October 2020. It was the first that differed from the existing EU trade deal.
The Australia deal was the first trade agreement negotiated from scratch by the UK since it left the EU. An agreement with Norway, Iceland and Liechtenstein was announced in June 2021 and builds on the previous agreement the UK had with these countries. Many other deals including the USA are in the pipeline; so I would agree that while we negotiate the expected turbulence of this current 'season' we have cause for complaint, this transition like childbirth was never going to be pain free.
While a deal with the States is looking no earlier than 2025, we have been told that things are moving forward in certain areas, for example in June 2023, Biden and Sunak announced the 'Atlantic Declaration' to strengthen economic ties between the UK and the US. The agreement included a limited trade pact covering critical minerals needed for EV batteries, a new data protection deal, and easing other trade barriers. The declaration commits both nations to increase research collaboration in future technologies, such as AI, future 5G and 6G telecoms, quantum, semiconductors and engineering biology. Further, these talks led to a commitment in principle to a new UK–US Data Bridge that facilitates the transfer of data by UK businesses to certified U.S. organizations.
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