Hosted by Her Majesty, Dr. Liam Fox, the UK-US International Trade Day took place earlier this week, 22 October on the Royal Navy’s HMS Queen Elizabeth HMS. A few days before the event, “US Treasury Secretary, Robert Lighthizer, announced that the US intends to begin negotiations towards a UK-US Free Trade Agreement after the UK leaves the European Union.”
At the event, the Department for International Trade (DIT) set up a roundtable giving a various top cyber companies from the UK (including: Garrison, iProov and Tessian) an opportunity to present their technology and software to US Fortune 500 companies. The goal of this is to create new deals.
The event was exceedingly important for both countries, as Dr. Fox explained:
“The United States is one of our closest allies, our largest single bilateral trading partner and we will see that bond continue to strengthen as we leave the European Union. This ‘trade day’ will see some of the UK’s most innovative businesses meeting their US counterparts as we continue to combat growing overseas cyber threats together. My international economic department is currently consulting on the potential of a future free trade agreement with the US, and I would strongly encourage British businesses and the public to make the most of this opportunity to share their thoughts on what this deal should include.”
Another goal of the event was to work together to fight against international cyber attacks.