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  • 21 Sep 2021 4:07 AM | Lindsay McCabe (Administrator)


    BritishAmerican Business Welcomes Decision to Remove Travel Ban on UK Travellers to the US

    20 September 2021

    Contact: Dominic Parker, Senior Communications & Media Manager dparker@babinc.org020 7290 9882 | +44 7500 115352

    London - Today, the US announced it will remove travel restrictions for vaccinated EU and UK citizens. BritishAmerican Business (BAB) welcomes this decision, which will help both economies bounce back from the disruption felt throughout the pandemic. 

    Commenting on the decision, BAB CEO Duncan Edwards said: “Over the past 18 months, BritishAmerican Business has worked with our partners in the transatlantic business community, as well as with government officials both in the UK and the US, to find ways to safely resume transatlantic travel. We welcomed the UK’s decision this summer to remove restrictions for US travellers and have since been encouraging the US government to reciprocate. 

    “Throughout this 18-month period, we have spoken to hundreds of companies on both sides of the Atlantic about the negative impact that the US travel ban has had on them. Small and medium-sized businesses were particularly affected, in many cases unable to send people across the Atlantic to close business deals or expand operations. Today’s announcement brings much needed relief and support for the US-UK economic partnership.” 

    ENDS

     

    About BritishAmerican Business

    BritishAmerican Business is the leading transatlantic trade association incorporating the British-American Chamber of Commerce in the US and the American Chamber of Commerce in the UK.

    We are committed to strengthening the economic corridor between the United States and the United Kingdom by supporting policies and action that protect and enhance the environment for transatlantic trade and investment. 

    We convene and serve a growing network of companies and business leaders through networking opportunities, bespoke programming and marketing platforms.

    We actively promote trade and investment and support those who make the transatlantic corridor part of their business growth ambition.

    For more information, please visit www.babinc.org

  • 25 Aug 2021 4:34 AM | Lindsay McCabe (Administrator)

    TO: BABA Members & Colleagues

    FROM: UK Department for International Trade

    August 24, 2021

    As you may be aware, the U.S. have proposed changes to their federal government procurement regulations to strengthen Buy American purchasing preferences. It is not expected that this will significantly impact UK businesses bidding for U.S. federal government contracts. UK businesses continue to have access to a waiver from Buy American preferences that the U.S. applies for end-products from designated countries (including the UK) covered by the WTO Agreement on Government Procurement (GPA). 

    However, if you have concerns, we encourage you to contact the Department for International Trade (DIT) and recommend that you comment on the U.S. public consultation, open until September 28th. Instructions for doing so are at the end of this email. 

    The White House has provided a factsheet detailing the policy rationale for the amendments. Supplementary information and annexes detailing the amendments in full can be found here

    Summary 

    U.S. federal government departments and agencies are required by Part 25 of the Federal Acquisition Regulations (FAR) to purchase goods and construction materials that are ‘domestic end-products.’ These are known as Buy American rules. For manufactured end products, the Buy American rules currently use a two-part test to define a domestic end-product – (i) the article must be manufactured in the U.S.; and (ii) the cost of domestic components must exceed 55 percent of the total cost of all components (the domestic content threshold). Certain exceptions or waivers to applying Buy American preferences are available to federal government agencies, for criterion such as unreasonable cost (domestic price preferences must be applied first) or unavailability of supplies on the U.S. market.

    The U.S. government is consulting on changes to Part 25 of the FAR to strengthen Buy American purchasing preferences. The proposed changes are:

    • A phased increase to the domestic content threshold for most goods from 55%, to 75% over 7 years.
    • An enhanced domestic price preference for certain products that are considered critical for security of supply chains (e.g. essential medical products). The federal government will be drawing up a list of critical products over the coming months. 
    • New post contract award reporting requirements for use of domestic content for those critical products.

    However, the U.S. waives the application of Buy American purchasing requirements for end-products that are from designated countries, for procurements covered by the U.S.’ international trade obligations in the WTO GPA. The UK is a member of the GPA and is considered a designated country by the U.S. for federal procurement purposes. The coverage of the GPA includes all U.S. federal departments and their subordinate agencies, as well as most goods with a couple of exceptions, for contracts valued above the threshold of $182,000. 

    As a result, we do not expect these new measures to significantly impact UK businesses bidding for U.S. federal government contracts covered by the GPA. However, please do let us know if you have concerns or if this is not your experience. We are particularly interested in understanding:

    • What is your experience when attempting to access the U.S. federal government procurement market, including documentation concerning the Buy American Act and Trade Agreements Act?
    • Have you observed any recent changes concerning the procurement process for U.S. federal government contracts?

    Separately, DIT is also interested in improving the UK’s trade environment at a U.S. State level, including state-level and sub-central government procurement. We would be interested in hearing your experiences of U.S. state-level procurement. 

    Written concerns regarding the proposed rule change and these questions can be sent to: Joelle Jefferis (joelle.jefferis@trade.gov.uk) and Peter Abbosh (peter.abbosh@trade.gov.uk).

    U.S. Public Consultation

    The U.S. General Services Administration is holding a virtual public meeting, August 26th9:00 – 15:00 EST (14:00 – 20:00 BST). You can request attendance and a speaking slot, and/or submit written comment by contacting mahruba.uddowla@gsa.gov, citing FAR Case 2021-008. 

  • 27 Jul 2021 5:06 AM | Lindsay McCabe (Administrator)

    Please take a look at events from our friends at other BAB Chapters:

    BABA WASHINGTON, DC

    UK and US Insolvency Issues  
    Wednesday, July 28, 2021
    11:00 AM - 12:00 PM EST
    The event is focused on the status of insolvency in the US and UK.  Covid has greatly impacted certain industries and insolvency has been a topic of focus since the beginning of the pandemic.  However, actual insolvency issues have developed quite differently than expected in many markets.  This panel will be a combined group of US and UK insolvency practitioners sharing experiences and expectations for the near future.

    Summer Senses Series 2021 - With Golf Coach Hank Haney  
    July 28, 2021
    3:00 PM 
    Golf coach to the stars Hank Haney will share his tips on how to better utilize touch in your short game. Hank has taught over 200 PGA Tour professionals, including Tiger Woods and Mark O’Meara so get ready to ask him your golf questions!

     TEXAS

    "Survive & Thrive": A conversation with Stuart R. Broadley, FEI & CEO EIC, and Kirsty McCormack, SVP Market Insights bp 

    Tuesday, July 28, 2021
    11:00 AM - 12:00 PM CST /  12:00 - 1:00 PM EST

    In a wide-ranging discussion with the executive author of the report and interviewer of all 61 participant companies, Stuart Broadley will highlight the top growth strategies currently deployed in the sector, including collaboration, culture, digital, diversification, energy transition, export, innovation, optimisation, service & solutions, technology, transformation, sustainability, scale up and resilience.

    BIRMINGHAM

    Funded Support to Tackle Recruitment Challenges 

    July 29, 2021

    12:00 - 1:00 PM UTC  /  7:00 - 8:00 AM EST
    Are you trying to recruit but struggling to find candidates with the right training and experience? Would you like the opportunity to build a bespoke recruitment programme but don’t have the time or resources? Is your business facing retention challenges? Answer yes to one or more of these and a Sector Based Academy Programme could help. Join BMet College, West Midlands Combined Authority and Sigma Financial to find out more about how this government funded recruitment model could help your business.
  • 22 Jul 2021 4:06 AM | Lindsay McCabe (Administrator)

    Today, BritishAmerican Business is proud to announce the launch of the latest edition of its bi-annual Trade and Investment Guide to the U.S.

    Updated for 2021/22, BAB's Trade and Investment Guide for the U.S. is a key resource for ambitious companies to find practical advice, guidance and insight when expanding and growing within the transatlantic corridor.

    Whether it be on the taxes you can expect and how you can file them, to the types of visas you may need to move workers across the Atlantic, or great places to do business, this Guide features insights, advice, sources, case studies, initiatives, and relevant contacts from government, business bodies, service providers, and economic development agencies; all of which can be useful in helping you hit the ground running as your business grows internationally.

    This year's Guide is a must-read for any business looking across the Atlantic to expand The U.S. offers fantastic opportunities for growth for businesses of all sizes, whether you wish to export your goods or services, or set up a physical base, this Guide can serve as your one-stop-shop for advice to help get you started.

    We hope you enjoy reading it, and look forward to hearing your transatlantic story soon! #GoTransatlantic

    Use the links below to read the publication online.

    Click Here to Read Finding Your Way - The Trade and Investment Guide to the U.S.

    Printable Version

  • 13 Jul 2021 9:39 AM | Lindsay McCabe (Administrator)


    PACIFIC NORTHWEST

    PNAA 1st Annual Aerospace Technical Conference 

    Tuesday July 13, 2021
    8:00AM - 5:00 PM PST

    As aerospace begins to rebound, we have created this one-day in-person conference to dive deeply into the technical aspects of aerospace manufacturing and the upcoming technologies that can transform your production system to meet the needs and demands of the future, keeping you relevant and competitive.  


    MICHIGAN

    CUSBA & AmCham Toronto Present: USMCA/CUSMA/T-MEC at One Year 
    Tuesday, July 13, 2021
    1:00 - 2:30 PM EST

    BIRMINGHAM

    Trading with EU Partners - Ireland 

    July 14, 2021

    10:00 - 11:00 AM BST  /  5:00 - 6:00 AM EST

    TEXAS

    Webinar from EY - What are the challenges and opportunities of eDiscovery automation 
    July 14, 2021
    10:00 - 11:00 AM CST  /  11:00 AM - 12:00 PM EST  

    NORTHERN CALIFORNIA

    Fintech Trends of the Future 

    July 14, 2021

    8:00 - 9:30 AM PST  /  11:00 AM - 12:00 PM EST


  • 12 Jul 2021 9:34 AM | Lindsay McCabe (Administrator)

    US INVESTORS ARE CONFIDENT IN THE UK, BUT CONCERNS OVER FUTURE UK-EU RELATIONS PERSIST

    A new survey published today by BritishAmerican Business and Bain & Company finds that business confidence is high for US companies in the UK, but future confidence may largely depend on the UK’s relationship with the EU.

    LONDON – July,12, 2021 – Today, BritishAmerican Business and Bain & Company launched the inaugural Transatlantic Confidence Index. The Index measures the confidence of US companies active in the UK, including their views on investing in UK operations over the next two to three years and in the overall health of the UK’s relationship with both the US and the EU.

    BritishAmerican Business and Bain & Company surveyed 68 large cap American companies representing a combined 3,500 years of business experience and employing more than 275,000 individuals across every region of the UK.

    READ MORE HERE

  • 09 Jul 2021 9:00 AM | Lindsay McCabe (Administrator)

    BAB Statement on Reports of Global Tax Plan to Allow UK to De-Apply Digital Services Tax

    9 July 2021
    Contact: Dominic Parker, Communications & Media Manager dparker@babinc.org | 020 7290 9882 | +44 7500 115352

    London/New York – In response to today’s report that G20 finance ministers are preparing to approve a global tax plan that would allow for the UK to de-apply the Digital Services Tax (DST), BAB’s Director for Policy & Trade, Emanuel Adam, said:

    “If what the reporting suggests is true, we would very much welcome that. Since the UK first discussed the introduction of a Digital Services Tax, BAB has argued that the issue would be best addressed through a multilateral solution that guarantees a high level of consistency across markets (see BAB’s White Paper here).

    It would be timely to have a solution to be found at this time given the threat of U.S. punitive tariffs on UK products, whose introduction is currently paused. As we always said and continue to say, punitive tariffs don’t make good trade policy. Agreements between governments to solve a global issue does.”

  • 08 Jul 2021 8:37 AM | Lindsay McCabe (Administrator)

    BAB Statement on Quarantine-Free Travel to the UK for Fully Vaccinated Travellers from Amber List Countries

    8 July 2021
    Contact: Dominic Parker, Communications & Media Manager dparker@babinc.org | 020 7290 9882 | +44 7500 115352

    London/New York – In response to the news that fully vaccinated passengers returning from amber list countries to the UK won’t have to quarantine after 19 July, BritishAmerican Business published the following statement:

    “This is a step in the right direction and we welcome the UK Government’s decision to remove quarantine requirements for fully vaccinated residents returning to the UK from amber list countries.

    “We do note, however, that U.S. residents, whether they are citizens or British residents who were vaccinated in the U.S., would not be able to take advantage of the change from the 19th of July. This once again highlights the need for our travel-related certificates to be mutually recognised and interoperable.

    “We strongly support the Government’s stated ambition to extend the approach to all vaccinated passengers from the U.S. later this summer. We will continue to work with both the U.S. and UK Governments to find ways to safely reopen our travel corridor which currently remains effectively closed for business on both sides.”

  • 10 May 2021 3:17 PM | Lindsay McCabe (Administrator)

    Please take a look at all of these fabulous events from our friends at other BAB Chapters:

    BRITISH AMERICAN BUSINESS

    The Future of Everything Festival 

    May 11-13, 2021

    9:00 AM EST - 5:00 PM EST

    Join The Wall Street Journal’s Future Of Everything Festival from May 11-13, 2021 online. You’ll hear from the most revolutionary minds in business, technology, culture and more to explore the ideas forming what comes next, and get a first look at the seismic shifts happening in how we live, work and play. Hear from speakers like Ray Dalio, Gabrielle Union, Bill Ackman, Rachael Ray, Dwyane Wade and more. BAB is proud to be a media partner for the Future of Everything Festival.

    Trade and Geopolitics in 2021 and Beyond: from Fish to Chips

    Wednesday, May 12, 2021
    2:00 – 3:00 PM BST  / 9:00 – 10:00 AM EST

    A New ESG Era: Impacts & Trends in 2021  

    May 13, 2021

    11:00 AM – 12:00 PM EST

    PHILADELPHIA


    Update from PHL and Hub Carrier, American Airlines 
    Wednesday, May 12, 2021
    2:30 – 4:00 PM EST

    SAVE THE DATE

    TRIANGLE NC / CAROLINAS

    Scottish Chambers Virtual Trade Mission to NC  

    May 18, 2021 & May 19, 2021
    10:00 AM - 12:00 PM EST

    This trade mission aims to promote business opportunities in North Carolina for Scottish companies, as well as to provide a platform for valuable business and cultural connections to be established between Scotland and NC.


    PACIFIC NORTHWEST

    Complying with DoD Cybersecurity Requirements – Where to Start  
    Tuesday, May 18, 2021

    9:00 AM - 12:00 PM PST  /  12:00 - 3:00 PM EST

    BABA-WASHINGTON D.C.

    I am vaccinated. Now, may I travel? And to where? And where will I stay? 
    Tuesday, May 18, 2021 

    2:00 - 3:00 PM EST

    MICHIGAN

    Buying, Selling or Not So Sure? Transaction Service Basics for Business Owners - Session 2: The Art of the Deal   

    May 20, 2021

    11:00 AM - 12:00 PM EST
    Clayton & McKervey will be hosting a 4-part transaction series with the Michigan Manufacturers Association. 

    BRITISH AMERICAN BUSINESS

    2021 Virtual Transatlantic Business Awards 

    May 20, 2021

    6:00 pm – 7:15 pm EDT

    BIRMINGHAM

    Research and Development Tax Incentives Webinar  

    May 25, 2021

    10:00 - 11:00 AM GMT  /  6:00 - 7:00 AM EST

    BRITISH AMERICAN BUSINESS

    LEAP FORWARD: The 2021 European-American Business Trends Series - Live Healthier 

    May 27, 2021

    12:00  – 1:30 PM EST

    Biotechnology, gene therapy and the use of artificial intelligence are changing the face of healthcare, with European and American firms at the forefront of research, development, and commercialization. Start-up ventures now compete around the world with entrenched players to develop the next lifesaving treatment. Policy and ethical issues are stirring considerable debate in European-American life sciences circles, while many are seeing investment opportunities that attract global capital.

    Flexibility and The Future Of Work: Changes, Choices and Expectations - Will There Be a New Normal?  
    Wednesday, June 2, 2021
    2:00 – 3:00 PM EDT / 9:00 – 10:00 AM BSTThe pandemic has accelerated a seismic shift in the way the world works and the demand for flexibility. The world of work as we know it is changing dramatically, driven by technology, demographic shifts and the changing expectations of talent.  As the future of work evolves, companies must respond now to harness new technologies and effectively lead and engage the workforce of today and tomorrow.


    PHILADELPHIA

    30th Anniversary Celebration Featuring Ambassador Pierce & A Taste of Wales 
    Tuesday, June 8, 2021 
    4:00 - 5:00 PM EST

    The British American Business Council of Greater Philadelphia has been connecting professionals and building transatlantic business ties between the US and the UK for three decades. You are cordially invited to this first in a series of three programs honoring our 30th anniversary. 


    MICHIGAN

    Buying, Selling or Not So Sure? Transaction Service Basics for Business Owners - It’s All About Due Diligence   NEW TO LIST

    June 10, 2021

    1:30 - 2:30 PM EST
    Clayton & McKervey will be hosting a 4-part transaction series with the Michigan Manufacturers Association. 

    MIAMI

    JOIN US TO CELEBRATE HER MAJESTY THE QUEEN’S BIRTHDAY!   NEW TO LIST

    June 10, 2021

    4:30 - 6:00 pm EST

    BRITISH AMERICAN BUSINESS

    Accelerate: UserTesting the Market  
    Monday, June 14, 2021

    4:00 – 5:00 PM BST /  11:00 AM – 12:00 PM EST

    MICHIGAN

    Buying, Selling or Not So Sure? Transaction Service Basics for Business Owners - Post Closing…Now What?   NEW TO LIST

    June 24, 2021

    8:30 - 9:30 AM EST
    Clayton & McKervey will be hosting a 4-part transaction series with the Michigan Manufacturers Association. 

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