Policy and Trade Update -December 2015

Dear BABC Colleagues,

Together with our best wishes for the holiday season we are pleased to send you our internal policy and trade bulletin for December 2015, prepared to provide Chapters of the British-American Business Council (BABC) with an update on the Council’s policy and trade activities. Please get in touch with Emanuel at eadam@babinc.org if there is anything that you would like to see featured in the upcoming issue and/or in the next BABC Policy and Trade Focus.

In this issue:

Key Updates and Action Points:

Expanding your business in the US/UK – Webinars

Shortly we will send you the invite to our first webinar on BABC’s role in helping companies to expand their businesses across the Atlantic, facilitated by ibt partners:

o   ‘Grow your export and business in the UK

The webinar will take place on 13 January 2016. Please join us and help to promote among your networks.

For any questions, contact Emanuel at eadam@babinc.org.

Chapter Policy and Trade Activities:

Scottish North American Business Council/BAB Evening Roundtable on TTIP

On 14 November 2015, the Scottish North America Business Council (SNABC), in collaboration with BAB London, hosted a roundtable dinner in Edinburgh for a discussion on ‘What a transatlantic trade and investment partnership agreement could mean to Scotland’. Attended by key stakeholders from business, government and trade bodies it highlighted the need for further engagement in Scotland on the issue.

Business Meeting with USTR, Ambassador Michael Froman

On 9 December 2015, BAB London facilitated a business meeting with the United States Trade Representative, Ambassador Michael Froman. The meeting brought together senior US trade officials, senior representatives from BAB member companies, partners as well as from successful smaller companies that had participated in BAB’s UK roadshows on TTIP. The result was a compelling and encouraging discussion. We thank the Ambassador and his colleagues for their time.

Informal breakfast meeting with Myron Brilliant, US Chamber, and members of the BAB Policy Group

On 7 December 2015, BAB London hosted Myron Brilliant, Executive Vice-President and Head of International Affairs at the US Chamber in Washington, in London to discuss Britain’s role in Europe.

Is your chapter engaged in policy and trade work? Then we want to hear from you! Send your news and updates or your initiatives to Emanuel at eadam@babinc.org.

Outreach and Media:

New Blog Post on TTIP:  Size Does Matter

Examining the latest EU Matters publications ‘Partners of Choice in a Complex World’ the new blog John Worthington, Managing Director at ibt partners can be read here.

New Blog Post on TTIP: Why TTIP means James Bond could drive his British-built DB5 in the Rocky Mountains’

After 3 months Nicolas has ended his internship with the BAB Policy team in London. Read his blogpost on TTIP ‘Why TTIP means James Bond could drive his British-built DB5 in the Rocky Mountains’ here.

Statement on UK Airport Expansion:

In light of media reports indicating that a decision on airport expansion in the UK would be delayed another six months, BAB issued a statement expressing its concern that any delay will make the UK fall further behind other major global destinations in terms of its ability to provide the global connections needed. The statement can be read here. The delay has since been officially confirmed.

Media features on Tier 2: Visa Restrictions Deeply Concerning

Visas restrictions currently being considered for non-EU citizens will impact on US companies and citizens in the UK. BAB featured on the topic on this months’ The American’ Magazine here (page 8) and the Financial Times here.

AmCham Ukraine and its role in Ukraine’s future development

Having joined AmCham Ukraine’s festive Thanksgiving Gala Dinner on 14 November 2015 in Kyiv, Emanuel Adam, BAB’s Head of Policy and Trade, wrote this column about his impressions of Kyiv and view on the Chamber’s role in Ukraine’s future development. To read the column, click here.

News Updates:

Transatlantic Trade and Investment Partnership-

TTIP Negotiations Round 12:

The 12th TTIP negotiation round is expected to take place in Brussels by the end of February. A detailed brief on the 11th round will follow in the next issue.

PMI ISDS case against Australia rejected

A potentially defining decision for the TTIP negotiations was made when a arbitration tribunal rejected PMI’s ISDS case over Plain packaging against the Australian Government on procedural grounds. To read PMI’s reaction, click here: http://investors.pmi.com/phoenix.zhtml?c=146476&p=irol-newsArticle&ID=2123843

Competitiveness (data)

On 15 December 2015, the European Council and the European Parliament have reached an agreement on the General Data Protection Regulation and Directive yesterday evening. Business reacted disappointed saying that a balance between data privacy and innovation has not been found.