Published

October 25, 2022

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WASHINGTON, D.C. — “On behalf of the U.S. Chamber of Commerce, I extend my congratulations to the United Kingdom's new Prime Minister, Rishi Sunak. We welcome the Prime Minister’s commitment to strengthening the deep commercial partnership that binds our two countries together. The United Kingdom and the United States face significant shared challenges, including a global economic downturn, escalating inflation driven in particular by high energy costs, and a weakened rules-based international trading system. The Chamber looks forward to working with Prime Minister Sunak and his team to promote our shared priorities of open markets, digitalization, innovation, energy security, and economic growth in the months and years ahead,” said Suzanne P. Clark, President and Chief Executive Officer of the U.S. Chamber of Commerce. 

“The UK and the U.S. are each other’s largest source of foreign direct investment, and our trade relationship—now worth over $225 billion annually—continues to grow despite economic headwinds. These ties support more than 2.7 million British and American jobs. The Chamber’s U.S.-UK Business Council looks forward to building on this solid foundation of success. While concluding a bilateral U.S.-UK trade agreement should be a priority, in the interim, we encourage quick action via the new Comprehensive Dialogue on Technology and Data,” said Clare Woodman, Chair of the U.S. Chamber of Commerce’s U.S.-UK Business Council and Head of EMEA & CEO of Morgan Stanley International & Co. plc.