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H2: US and UK to Partner on Advanced Technologies, Clean Energy, and Critical Minerals
President Joe Biden and Prime Minister Rishi Sunak of the United Kingdom signed an economic partnership agreement called the Atlantic Declaration. The partnership covers advanced technologies, clean energy, and critical minerals, and further strengthens their long-standing security and military alliances. The agreement comes amid heightened tensions with Russia’s involvement in the war in Ukraine and China’s aggressive posturing in Asia. While a free trade agreement between the US and UK has not materialized, the deal is a first-of-its-kind economic partnership focused on artificial intelligence and other economic and commercial relations.
H3: The Importance of the US and UK Economic Partnership
President Biden emphasized that the economic partnership between the US and UK is a great source of strength that anchors everything that the two countries do together. Prime Minister Sunak called the new deal a reflection of their shared commitment to democracy, freedom, and human rights, and said that the UK is as committed to these values as ever and as reliable an ally and attractive investment destination as ever.
H3: Negotiations on Critical Minerals Agreement
The United States and the United Kingdom also started negotiations on a critical minerals agreement that could potentially enable electric vehicle minerals produced in the UK to qualify for tax credits for clean vehicles proposed under President Biden’s Inflation Reduction Act. The law’s made-in-America bent has frustrated US allies, and the President is holding separate talks on the matter with European Union leaders.
H3: Support for Ukraine
President Biden and Prime Minister Sunak pledged to provide support to Ukraine for years to come and hoped to send a strong signal to Russian leader Vladimir Putin that there was no point in waiting for allied support for Ukraine to drop. The two leaders shared some laughs and sober comments in the Oval Office about the close relationship between prior leaders from both countries.
H3: Planned Summit on Artificial Intelligence Safety
Britain will host the first summit on the issue of artificial intelligence safety in Autumn this year. The summit aims to discuss how the risks of AI can be mitigated through coordinated action internationally.
H2: Conclusion
The partnership between the US and UK in advanced technologies, clean energy, and critical minerals is a significant step towards strengthening their long-standing security and military alliances. The Atlantic Declaration could potentially foster a more profound collaboration between the two countries and show their shared commitment to human rights, democracy, and more.
H2: FAQ
Q1. What is the Atlantic Declaration?
A1. The Atlantic Declaration is an economic partnership agreement between the US and UK, which covers advanced technologies, clean energy, and critical minerals.
Q2. What is the critical minerals agreement?
A2. Negotiations have started on a critical minerals agreement between the US and UK, which could potentially enable electric vehicle minerals produced in the UK to qualify for tax credits for clean vehicles proposed under President Biden’s Inflation Reduction Act.
Q3. What is the purpose of the summit on artificial intelligence safety?
A3. Britain will host the first summit on artificial intelligence safety in Autumn this year, aiming to discuss how to mitigate the risks of artificial intelligence through coordinated international action.
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