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Brady, Hatch Introduce Resolution in Support of the United Kingdom

July 13, 2016

WASHINGTON, D.C. – Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) and Senate Finance Committee Chairman Orrin Hatch (R-UT) introduced a resolution expressing strong support for closer economic and commercial ties between the United States and the United Kingdom following the decision of the people of the United Kingdom to withdraw from the European Union.

In introducing the resolution, Brady and Hatch said:

“As the United Kingdom begins the process of withdrawal from the European Union, the United States stands ready to support our strong ally and friend. The American people and the British people have a special relationship and a long tradition of working in close cooperation to support one another’s mutual interests. Our resolution calls upon the President to invite the United Kingdom to begin discussions towards establishing the basis for negotiations for a trade agreement between the United States and the United Kingdom. It also expresses support for enhanced economic and commercial ties between the United States and the European Union, including through conclusion of a high-standard Transatlantic Trade and Investment Partnership. We will work to move this resolution quickly.”

The resolution specifically:

  • Calls on the President to consult with the Senate and the House of Representatives to consider opportunities to promote further economic and commercial activity and cooperation between the United States and the United Kingdom.
  • Calls on the President to invite the United Kingdom to begin discussions towards establishing the basis for negotiations for a trade agreement between the two nations.
  • Urges the President, in close consultation with the Senate and the House of Representatives, to determine whether negotiation of a trade agreement with the United Kingdom would be likely to achieve the negotiating objectives established by the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 and, if so, to commence negotiations towards a trade agreement as soon as appropriate.
  • Expresses support for the conclusion of a high-standard Transatlantic Trade and Investment Partnership.
  • Calls upon the European Union and the United Kingdom to work constructively to achieve a climate for trade and investment that is mutually beneficial and productive.

 

CLICK HERE to read the Full Text of the Resolution.