Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Rishi Sunak to visit Washington next week for talks with Biden

Published 05/30/2023, 09:02 AM
Updated 05/30/2023, 02:41 PM
© Reuters. FILE PHOTO: U.S. President Joe Biden meets British Prime Minister Rishi Sunak at the Grand Central Hotel, Belfast, Northern Ireland April 12, 2023. REUTERS/Kevin Lamarque

By Andrew MacAskill

LONDON (Reuters) -British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week when they will discuss improving economic ties and how to sustain military support for Ukraine in its conflict with Russia.

Sunak will be in Washington on Wednesday and Thursday next week for meetings with Biden, members of Congress and U.S. business leaders, but there will no talks about a formal free trade deal, Sunak's spokesman said on Tuesday.

"The visit will be an opportunity to build on the discussions that the prime minister and President Biden have had in recent months about enhancing the level of cooperation and coordination between the UK and U.S. on the economic challenges that will define our future," the spokesman said.

"There will also be an opportunity to discuss issues including sustaining our support for Ukraine."

Sunak, who will be on his first official visit to Washington since he was appointed prime minister in October, wants to forge better relations with the U.S. after they were strained by Britain's departure from the European Union in 2020.

In April, a White House official was forced to deny Biden was "anti-British" after he spent over half a day in the British province of Northern Ireland before he travelled south to the Irish Republic for two-and-a-half days of meetings.

The Biden administration has shown little interest in negotiating a free-trade agreement with the United Kingdom, which British supporters of leaving the EU once touted as one of the main benefits of its departure from the bloc.

Discussions had progressed during former U.S. President Donald Trump's administration, before Biden came to power and then the talks stalled.

Sunak's spokesman said on Tuesday there would not be talks about a free-trade agreement on this visit, but instead there would be a focus on reducing trade barriers in other ways such as agreements with individual states.

The White House said in a statement the two leaders would also discuss the situation in Northern Ireland, which has been without a devolved government for more than a year.

Britain's relationship with the United States is partly built on close defence, intelligence, economic and cultural ties and the two sides are largely in lockstep in supporting Ukraine.

© Reuters. FILE PHOTO: U.S. President Joe Biden meets British Prime Minister Rishi Sunak at the Grand Central Hotel, Belfast, Northern Ireland April 12, 2023. REUTERS/Kevin Lamarque

Sunak accepted Biden's invitation to visit the White House in March when the two leaders met in San Diego to inaugurate the next phase of a submarine alliance between the United States, Britain, and Australia, known as AUKUS.

The two men appeared to get along well on that visit, with Biden noting that Sunak is a graduate of Stanford University and asking for a visit to the home he still owns in Santa Monica.

Latest comments

Rishi who? says Biden, as he continues to shake hands with thin air again
Why aren’t the climate change alarmists using teleconferencing?
because video conference cannot replace face to face high stake meeting.
they will speak som secret stuf.... top secret ... may be even in sauna!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.