Friday 27 May 2022

UK and Indiana sign agreement for green trade

UK and Indiana sign agreement for green trade

The UK has signed a trade agreement with the US state of Indiana, with a particular focus on electric cars and low-emission technologies.

This is the first state-level trade deal signed by the UK and removes barriers to trade and investment.

The UK represents Indiana’s seventh-largest export market, with the state buying $1.4 billion (£1.1bn) worth of goods from the UK.

Green trade is at the heart of the agreement, as both the UK and the US state look to increase their expertise and accessibility to zero-emission goods.

“Our state-level strategy is paying off and this is just the first of many agreements we’ll be signing in the future as we look to bolster our £200 billion trading relationship with the US,” said Minister of State for International Trade, Penny Mordaunt.

Written by

Bruna Pinhoni

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