Legal News

DBT announces UK and Colorado sign MOU on trade and economic cooperation

Published on: 28 January 2025
Published by LNB News

LNB News 28/01/2025

Document Information

Issue Date: 28 January 2025

Published Date: 28 January 2025

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and USA

Article summary

The Department for Business and Trade (DBT) has announced that the UK and the State of Colorado in the USA have signed a Memorandum of Understanding (MOU) focused on trade and economic cooperation. The MOU builds on the existing relationship between the two parties and outlines shared goals and activities to strengthen economic ties. Key areas of collaboration include clean energy and low emissions technology, space, digital technologies (such as artificial intelligence and quantum technologies), agriculture, and tourism. The MOU also covers cooperation on the recognition of professional qualifications and government procurement.

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