On 22 November 2023, Chancellor Jeremy Hunt presented…
The UK and the US state of Washington signed a new Memorandum of Understanding (MoU) on trade and investment last week.
Washington State is home to major US business including Amazon, Starbucks, Microsoft and Boeing, and has a GDP roughly equivalent to Poland. The MoU marks the sixth delivered as part of the UK’s state-level strategy to increase trade with the US and means that the combined GDP of states the UK has MoUs with now totals £2.2 trillion.
The UK has signed MoUs with Indiana, North Carolina, South Carolina, Oklahoma, Utah, and now Washington. Collectively these states imported £5.1 billion of UK goods in 2022.
The Government is actively engaging with further states including Florida, Texas, California, Colorado, and Illinois.