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UK signs new trade pact with US state of Texas

Published: 22/03/2024

On 13 March, the UK signed a Statement of Mutual Cooperation (SMC) with Texas, the second largest state in the US, aimed at boosting trade, investment and commerce between the two regions. This SMC focuses on sectors where both the UK and Texas share expertise, including innovative energy solutions (such as hydrogen and carbon capture, utilisation, and storage), life sciences, and professional business services. …