BritishAmerican Business (BAB) has launched the latest edition of its annual Trade and Investment Guide, a crucial resource for British companies looking to expand their operations in the United States.
This comprehensive guide aims to help UK businesses navigate the diverse and expansive US market, providing detailed insight into different sectors and states.
Comprised of fifty different markets, the US offers unique opportunities in areas such as fintech in Florida, energy solutions in Texas, electric vehicles in Indiana and the creative industries in California. The Trade and Investment Guide provides UK businesses with essential information to make informed investment decisions, covering crucial aspects such as financial planning, logistics, legal services and immigration. It also highlights the support available from governments, economic development organisations, leading associations and networks to help UK businesses thrive in the US.
BAB's new guide also explores how businesses can take advantage of the opportunities arising from the UK government's state-led Memoranda of Understanding (MoU) programme. Trade deals have been signed with states including Indiana, North Carolina, South Carolina, Oklahoma, Utah, Washington State, Florida and Texas, improving trade and investment prospects for UK businesses.
Duncan Edwards, CEO of BritishAmerican Business, commented: “As the largest transatlantic trade association, we are pleased to offer the most comprehensive source of information on the market to British companies looking to do business in the US. Our latest Guide to the US is released at a time of great momentum for trade and investment relations between Britain and the US. The US economy is leading the way in growth in the developed world, and the US government's investment packages in infrastructure, chip technology and green industries are creating additional incentives for UK businesses. Knowing how to navigate the vast US market is crucial and we hope this guide provides UK businesses with a complete overview of all the useful resources available to grow their business in the US.”
Laurie Farris, Minister Counselor for Trade Affairs at the US Embassy in London, added: “There has never been a better time to start or grow a business in the United States. This year, the US market topped the AT Kearney Foreign Direct Investment Confidence Index for the twelfth year in a row. Opportunities abound, especially thanks to incentives such as those provided by the CHIPS and Science Act, the Bipartisan Infrastructure Law, and the Inflation Reduction Act. Companies of all sizes can be successful in America. From large car manufacturers and steel manufacturers to small software companies, and from energy producers to service providers, and everything in between. The United States is also the world's largest economy and the most attractive consumer market. Investing in the United States gives companies direct access to those consumers and a solid foundation that allows a company to grow globally.”
The last Trading and Investment Guide from BritishAmerican Business is now available and serves as an invaluable resource for British businesses looking to explore and succeed in the vast American market.
