The UK’s Americas Minister David Rutley is travelling to the heartland of the American Midwest from today (Tuesday, 30 May) to promote UK-US trade ties that support millions of livelihoods on
both sides of the Atlantic.
In a visit to Kentucky, Indiana, and Ohio, David Rutley will champion the UK as a great investment and business partner for states across the US, building on the more than $1 trillion already invested in each other’s economies.
The US is the largest destination for UK foreign direct investment, and the UK supports more jobs in America than any other country in the world, with more than 1.2 million people in America working for British businesses.
Economic growth and the creation of better paid jobs is among the five priorities set out by Prime Minister Rishi Sunak and Minister Rutley will discuss with political and business leaders how the UK and US can boost cooperation in key sectors to make their economies more resilient, create jobs and protect livelihoods.
Minister for the Americas and Caribbean David Rutley said:
The US and the UK have more than $1 trillion already invested in each other’s economies and our relationship drives growth and supports millions of jobs.
We’re working in partnership to take full advantage of the rich bounty of business opportunities on both sides of the Atlantic.
The UK is strengthening trade ties with individual states across the US, in parallel to work with the federal government, and has already signed Memoranda of Understanding with Indiana, North Carolina, South Carolina and Oklahoma.
Active engagement with other states, including Texas, Utah and California, is ongoing to sign further arrangements which will make it easier and cheaper for US and UK companies to do business with each other.
During his time in the Midwest, Minister Rutley will hold bilateral meetings with leading state-level political and business figures.
In Ohio, Minister Rutley will also attend the 91st annual US Conference of Mayors in Columbus where he will meet with key political figures to showcase how the UK can work with cities across the country in building trading relationships that can help drive regional economic growth. Photo by Chris McAndrew, Wikimedia commons.