08/03/2020 | Press release | Distributed by Public on 08/03/2020 17:12
Clete Willems, partner in the public law and policy practice at Akin Gump, has been quoted in the POLITICO Morning Trade UK article 'Britain pushes on with US trade talks despite presidential election.' The article discusses the prospects for a new U.S.-U.K. trade deal, and how it would be affected if Joe Biden were to win the presidential election in November.
According to Willems, such an agreement would underscore the strong relationship between Washington and London and give the United States a lift in dealing with a slew of issues involving both China and the European Union. He objected, though, to the idea that the U.K. is involved in one-sided negotiations with the United States, where it will be forced to give up more than it can expect to get in return.
'The reality is in a negotiation like this, the U.S. is clearly also going to give up things for the U.K. and it's going to be very helpful to their industry,' said Willems. 'They are a major country with a major economy and they are an equal partner to the U.S.'
Regarding suggestions that the U.K. would be hurt by the United States' pursuit of strong intellectual property protections for its pharmaceutical companies, Willems said, 'The U.K. has one of the most advanced pharmaceutical sectors in the world. So having groundbreaking pharmaceutical provisions is going to benefit the U.K. as much as it benefits the U.S.'