A resolution recently introduced by U.S. Rep. Kevin Brady (R-TX) and U.S. Sen. Orrin Hatch (R-UT) voices support for stronger economic ties between the United States and the United Kingdom.
The resolution, which the lawmakers introduced in response to U.K. voters deciding to leave the European Union, calls on the president to work with the Senate and the House to consider ways to foster economic cooperation.
“As the United Kingdom begins the process of withdrawal from the European Union, the United States stands ready to support our strong ally and friend,” Brady, the chairman of the House Ways and Means Committee, and Hatch, the chairman of the Senate Finance Committee, said in a joint statement. “The American people and the British people have a special relationship and a long tradition of working in close cooperation to support one another’s mutual interests. Our resolution calls upon the president to invite the United Kingdom to begin discussions towards establishing the basis for negotiations for a trade agreement between the United States and the United Kingdom.”
The resolution also calls on the president to establish discussions toward a new trade agreement between the two nations and urges the president to determine whether negotiating such a trade agreement would achieve objectives of the Trade Priorities and Accountability Act of 2015.
“It also expresses support for enhanced economic and commercial ties between the United States and the European Union, including through conclusion of a high-standard Transatlantic Trade and Investment Partnership. We will work to move this resolution quickly,” the legislators said.
Additionally, the resolution calls on the European Union and the U.K. to work toward achieving a mutually beneficial and productive climate for trade and investment.