In this edition
- From our President
- Diplomacy in Action
- Voting in July 4 UK General Election
- BABCNE events: Sailing, Polo
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- BABC Network News & Events
- News & UK/US Trade Updates
- Other events of Interest: King Charles's birthday celebrations, cricket
- Resources/ General Interest
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From the President - Questions that matter.
Asked by Rick McKenna, CEO of Atlantic Strategies and
President of BABCNE.
What will the US election this November mean for businesses that want to expand into the UK, or for UK businesses that want to come here? The UK election takes place on July 4, how will the result impact economic ties, hiring, or taxes?
Social Media can be a powerfully divisive influence, or a channel for good, around the world. Legislation to ban TikTok in the US isn’t the only political and legal headwind to social media. How will governments in the US and UK limit access, define content, and force changes?
The promise of A.I. (artificial intelligence) has many organizations diving deep into these new and powerful tools. There are real safety concerns that Hollywood movie writers imagined decades ago. But other challenges beyond the extinction of the human race exist such as huge demands for electricity and computing power. How can SMEs make the best decisions to invest in and embrace these new tools in a manner that is safe for humankind and operationally affordable?
Amazing breakthroughs in biotechnology need to be funded, tested, regulated and marketed to businesses and consumers on both sides of the pond where rules may be very different. How can a start-up biotech company stay current with the rules and regulations and build growth partnerships that can accelerate time to market? How do companies recruit and retain talent in competitive markets?
Demographics are changing in both nations both in pure population numbers and cultural diversity. The cost to attend schools of higher education are widely different in the US versus the UK. Demand for specific majors is moving away from the classics to majors that are the practical. How do transplants navigate the education systems?
These questions and many more can be addressed by tapping into a professional and social network of helpful and friendly people. Some network members are from government. Others are part of the diplomatic corp. And even more are innovators, entrepreneurs, operators, educators, servicer providers and even some young at heart retired pros.
To get answers and get to know great people, join and become active in the BABCNE, membership has never been more relevant. You can even tap into chapters across the US and UK, not just in the big cities. The questions are many, but with our combined experiences, there’s nothing we can’t handle, regardless of who wins the elections.
www.babcne.org
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From the British Consulate |
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In May Consul General Dr. Peter Abbott travelled to London to receive his OBE from Princess Anne – awarded for his efforts through the pandemic while leading a massive team based in Islamabad, Pakistan and repatriating thousands of UK nationals home to the UK.
Farewell: Dr. Abbott leaves Boston in July to return to the UK after an amazing four years in Boston – joining in the first year of the pandemic where no events were able to be held and transitioning into a fully functioning environment, bringing the Consulate back to full productivity and enjoying the wide variety of experiences the region has to offer.
He and Lindsey will be sorely missed by all in the Consulate, the NE Anglophile and business
community!
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More than 140 members of the Consulate’s Boston Biotech Brits network gathered at the VentureCafe for networking and the enjoyment of British meat pies and cheese. |
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With a rousing welcome from Deputy Consul General Nicola Moss and great talk by event sponsor Quotient Sciences, participants enjoyed making connections and accessing Consulate staff for future business development discussions. |
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UK Elections, July 4! Don't forget to vote!
Full details on how to cast your vote from overseas can be viewed on this link: https://www.gov.uk/how-to-vote
Did you know?
On 16th January 2024, an estimated 2.1 million additional British citizens abroad received the right to vote in UK parliamentary elections, making approximately 3.5 million citizens abroad who will be eligible to vote in this year’s UK General Election.
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$30 for BABCNE Members
$45 for non-members
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European Networking Evening
June 12, 6pm-8pm
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Location:
Foley & Lardner
111 Huntington Avenue, Suite 2500, 02199, Boston
(It’s an inside event with great views)
Format: Pure networking, welcome
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BABCNE America’s Cup Sailing Event
June 20, 2pm - 6pm, Newport RI
The British American Business Council of New England (BABCNE) and the British Consulate in Boston and will hold their second annual America’s Cup sailing event in Newport, RI on the afternoon of Thursday June 20, 2024.
30 BABCNE members, business leaders and professionals will join British Government representatives including His Majesty’s Deputy Consul General Nicola Moss aboard one of three restored 1960s America’s Cup 10m yachts to race for the 2024 BABCNE America’s Cup, and gather afterwards for an informal networking event with refreshments.
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These boats are the very same ones that competed (and won) the America’s Cup for the USA in the 1960s and 1970s, and sailing them and getting a hands on afternoon at the helm is a once in a lifetime opportunity.
The online event brochure is available here and, with only 10 guests per boat (plus a professional crew to help guide us) we anticipate another sell out this year.
Tickets cost $1,250 for a corporate pack of three tickets (including branding and links on web, social media posts) and individual tickets are available at $350 each.
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This year the event will be headline sponsored by Marsh McLennan Agency, and we already have a number of corporate partners on board, so tickets will be limited and offered on a first come first served basis.
If you would like to join us be sure to contact Urszula at info@babcne.org and reserve your tickets ASAP. |
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BABCNE Cabana Club - England vs. USA
August 31, 2024. Match begins at 5:00 p.m.
Join the BABCNE at the Cabana Club private suite for the USA vs. England holiday weekend challenge on August 31st at the Newport International Polo Grounds. Some refreshments will be provided.
This event is included with your BABCNE corporate membership; however, space is limited, so tickets will be allocated on a first come, first serve basis. Guest tickets are available for an additional cost @$50 per person. Please reply ASAP, indicating if you would like to bring a guest.
If you would like to be a sponsor, multiple media opportunities are available, including a jumbotron video!
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Location: Newport International Polo Grounds
50 Linden Lane, Portsmouth, RI 02871. Parking is available on the grounds on a first come, first serve basis.
Members Ticket: Included in your BABCNE corporate membership
Non-members: $50
Sponsorship and questions: Contact Richard Hawke, event organizer, here
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Save the dates!
Early September: Member Appreciation evening on the waterfront with Highclere Castle Gin.
September 23-26: Biotech Week, Boston. More details to follow on BABCNE's participation.
December 6: 36th Annual Christmas luncheon, which opens the Holiday Season in the NE business Community. Would you like to market your company to this targeted audience of executives involved in Transatlantic trade? View the sponsor options here!
Have an idea for a program? Want to host an event? Let us know! info@babcne.org
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You may be interested in viewing the events of the twenty chapters of the British American Business Network. The BABCNE is a founding member of this network.
The complete event list, which is updated monthly, can be accessed on this link: https://babn.org/events/
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In the news, including US/UK Trade Updates |
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UK Featured at the NADEC 50th Anniversary Conference, May 13-14, 2024, in DC
The theme of the conference was “Engaging with our Friends and Neighbors” with the opening plenary fireside chat being with James Roscoe, Deputy Head of Mission for the U.K. Embassy in Washington, who highlight the special relationship between our two countries.
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The National Association of District Councils of American (NADEC), has 61 chapters across the US,
with many BAB network members in its midst. www.usaexporter.com
Urszula Wojciechowska, MBE, Executive Director, BABCNE, serves as the Communications Chair for the network, sitting on the Executive Committee.
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The UK has become the world’s fourth largest exporter, but can it maintain this momentum?
The Conversation, May 2, 2024
UK Export figures are driven by services. UK business is beaming with pride with the recent news of the country’s emergence as the fourth largest exporter in the world based on the United Nations Conference on Trade and Development report. The UK jumped three places in 2022, surpassing France, the Netherlands and Japan.
This pride is justified, as there have been many challenges along the way, especially in the wake of Brexit, when the UK found itself redefining its economic landscape. With the dust settling from its EU departure, combined with COVID disruption, the UK was embarking on an uncertain journey.
But with the newfound autonomy, the UK decided to chart its own course in the international space. The break from the EU trading bloc meant a departure from established trade agreements and regulations, leading to a revaluation of economic policies and partnerships.
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Major milestone’: UK ratifies Indo-Pacific CPTPP post-Brexit trade deal ahead of schedule
CITY A.M., Jessica Frank-Keyes, May 17, 2024
The UK has hit a “major milestone” in its efforts to join the Comprehensive and Progressive Trans-Pacific Partnership trade pact as it ratified the terms of agreement ahead of schedule.
Britain is now set to join the bumper Indo-Pacific trade pact later this year, once three more world economies have ratified by October.
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Trade Talk Update: UK, Peru, Iraq
Courtesy of Sandler, Travis & Rosenberg, PA, May 17, 2024
United Kingdom
The second U.S.-UK Strategic Sanctions Dialogue was held May 8 in London. According to the State Department, these talks delivered on a commitment under the 21st Century U.S.-UK Economic Partnership to strengthen coordination on sanctions and export controls. Specifically, the delegations discussed the uses of targeted, coordinated sanctions and export control measures to deter and disrupt malign activity and to defend international norms. They also pledged continued collaboration to counter circumvention occurring in third-country jurisdictions.
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New BIS Rule Grants Australia and the UK “Nearly” the Same Treatment as Canada
JDSUPRA, April 26, 2024
On April 19, 2024, the Department of Commerce Bureau of Industry and Security (“BIS”) published an interim final rule (“Interim Rule”), amending the Export Administration Regulations (“EAR”) to enhance cooperation and technological innovation between the United States, Australia, and the United Kingdom (“UK”) pursuant to the AUKUS Trilateral Security Partnership (“AUKUS”).
The full text of the Interim Rule is available here. Among other changes, the Interim Rule removes license requirements and reduces the scope of end-use and end-user-based license requirements for exports, reexports, and transfers (in-country) to or within Australia and the UK.
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Other events that may be of interest |
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An invitation to BABCNE Members from the Oxford
& Cambridge Society
June 9, 2pm-5pm. The County Club, Brookline
To celebrate His Majesty King Charles III 76th birthday with a musical afternoon cohosted with the English-Speaking Union of Boston and the New England Churchillians.
The event will be held on Sunday June 9th from 2-5 pm at The Country Club in Brookline, MA and will include hors’ d’oeuvres, beverages, and dessert with music by The Bo Winiker Band.
BABCNE members are welcome to register on the Oxford and Cambridge website selecting the member rate under the college drop down menu “American Business Council”.
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CRICKET TEAM seeking new players! |
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Resources/ General interest |
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A New Era of US & Foreign Commercial Service
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Explore U.S. Trade Data with Industry
& Analysis Resources
Did you know that ITA publishes a variety of trade-related statistics and tools for public use? ITA's Industry & Analysis business unit maintains interactive dashboards and infographics providing trade and economic data on U.S. goods trade at the national, state, and metropolitan area levels. Most dashboards are updated monthly, while the country reports are updated semi-annually.
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BABCNE SOCIAL MEDIA
We invite you to follow us, post on our pages and build your network among our community.
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BABCNE Mission: To foster business development and networking opportunities between the United Kingdom and New England.
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