WASHINGTON, D.C. - Marjorie Chorlins, executive director of the U.S. Chamber’s U.S.-UK Business Council, issued the following statement in response to today’s UK Parliament vote on Brexit:
“There are now less than 3 weeks to go before the UK is scheduled to leave the EU with or without a deal. Throughout this process, American investors and exporters have repeatedly called for clarity and certainty as the UK looks to reset its relationship with the EU. Unfortunately, today’s vote hasn’t advanced the ball. U.S. firms’ stakes in the outcome are substantial – as of today, U.S. firms have invested nearly $750 billion on the UK, supporting 1.5 million jobs. We call on Parliament to reject a no deal outcome and to support an extension of Article 50, albeit with a clear idea of what they aim to accomplish during such an extension.”
The U.S.-UK Business Council, launched in January 2017, is the premier Washington-based business organization dedicated to strengthening the commercial relationship between the U.S. and the UK.