Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a U.S. state, and is seeking similar deals with California and Utah, the UK junior trade minister, Greg Hands, said on Friday.
Britain remains convinced that a comprehensive free trade agreement with the United States makes good sense for both countries, Hands told Reuters, although the Biden administration has put all free trade talks on ice for now.
"Yet our largest bilateral trade partner of all, the United States, we do not have a comprehensive free trade agreement with," he said, noting that the two countries share similar standards on worker rights, the environment and climate change. A growing number of U.S. states, including Texas, are interested in joining North Carolina, Indiana and now South Carolina inHands said he met with California Lieutenant Governor Eleni Kounalakis this week and they agreed to launch talks on expanded trade ties next year, with a focus on hydrogen, renewable energy and financial technology, among other sectors. California is the most populous U.S. state and would rank as the world's sixth largest economy if it were a country.
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