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The
trade and economic memorandum of understanding with Oklahoma, to
be signed by Huddleston on Tuesday, is the fourth deal Britain
has inked with a U.S. state, in a push by London to expand
trans-Atlantic trade without a broader U.S.-UK pact.
On Wednesday, Huddleston will attend an event with industry
bodies to welcome a mutual recognition agreement brokered by
Britain's Architects Registration Board (ARB) that will simplify
licensing for U.K. architects in the US and vice versa.
The ministry said the deal could increase British services
exports to the U.S. by $55 million per year.
The U.K.-Oklahoma pact will focus on boosting green trade,
particularly in carbon capture, utilization and storage (CCUS),
the ministry said. The deal is aimed at boosting the $215.6
million worth of goods British companies exported to Oklahoma in
2022 and generating more jobs for U.K. exporters.
Nearly 3,000 jobs in Oklahoma are supported by exports to
Britain and nearly 10,000 people in the state are employed by
British companies.
"The U.S. is our largest trading partner, and these wins reflect
our successful twin-track approach to trade with the U.S.,
strengthening links with individual states in parallel with work
with the federal government," Huddleston said in a statement.
Britain has signed memorandums of understanding with three other
U.S. states - Indiana, North Carolina and South Carolina - and
is in discussions with other states including Utah, Texas and
California.
(Reporting by Andrea Shalal; Editing by Sonali Paul)
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