The HM Government`s sustainable development agenda is an important domestic policy priority in the UK, which it intends to incorporate into its broader international trade strategy. To this end, the UNITED Kingdom`s objectives would ensure that the parties reaffirm their commitment to international environmental and labour standards, ensure that they do not impose or comply with their national environmental and labour standards in order to create an artificial competitive advantage, and include measures to enable the United Kingdom to preserve integrity and provide reasonable protection. , the world`s first environmental and labour standards in the UK. In order to achieve the legal objectives of the Government of the hm Government, in accordance with the Climate Change Act 2008, the United Kingdom intends to obtain provisions that support and encourage climate change ambitions and contribute to zero net CO2 emissions by 2050, including the promotion of trade in low-carbon goods and services , supporting research and development cooperation and maintaining the right of both sides to regulate for decarbonisation. The goal of achieving net zero is reflected in the Paris Agreement, which aims to achieve the peak of greenhouse gas (GHG) emissions in order to achieve a balance between anthropogenic emissions from sources and greenhouse gas reductions in the second half of the century, in order to achieve the goal of limiting global temperature increase to 2 to 1.5 degrees Celsius.8 The United Kingdom signs the Paris Agreement and strongly supports its targets. , while in November 2019, the U.S. government officially announced its intention to withdraw from the agreement. The imminent withdrawal of the United States could create tensions between negotiators between Britain and the United States to decide whether to maintain compatible environmental standards for climate change. Despite the strong comparative advantage of the United States in terms of services, the current U.S.
government does not emphasize trade in services in its public statements on trade policy. The Trump administration has released two important documents out of its trade objectives (The Agenda 2018 and 2019 for trade policy). Both documents mention the potential for a free trade agreement between the United States and the United Kingdom. The 2018 document devotes a paragraph to the January 2017 meeting between President Trump and Theresa May, in which the heads of state and government „agreed to deepen trade and investment between the United States and Britain and lay the groundwork for a future trade agreement.“ The prospect of an „ambitious free trade agreement“ is the subject of brief debate. Among the areas identified as „mutually beneficial“ in such an agreement are „commitments in the service sector … that can foster deeper trade and deeper innovation. The document also mentions the creation of a US-UK trade and investment working group on „means of strengthening trade and investment relations before Brexit.“ It is clear that the prospects for a clean and timely agreement are just as difficult as they were 12 months ago. While we remain of the view that a bilateral trade agreement between the United States and Great Britain is possible, it is unlikely to be profoundly green or useful. The backstop and the need for good navigation of two regulatory systems, parliamentary discord, the US position on negotiations and services, and the reduction in spending by foreign U.S. MNC companies in the United Kingdom, particularly in the major areas of information technology, are huge obstacles. The result is that the art of political possibility on both sides of the Atlantic is likely to be plagued by harsh technical realities.