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News & Policy

BABC Shares Support for U.S. Airline-Aerospace Industry Assistance

Today, our BABC-PNW Chapter sent a letter to our Congressional leaders in the U.S. Senate (in our regional states of ID, WA and OR), to urge their support for assistance to the U.S. airline industry. We join with the Aerospace Futures Alliance and Aerospace Cluster Partners to advocate for critical airline and aerospace manufacturing assistance that will serve to further support the broader supply chain (many of whom are SME companies) domestically and globally. Understanding that there are a number of industry sectors impacted by the current COVID-19 crisis, we continue to evaluate and look at ways that our business trade association can be supportive of our members and their needs during t

Covid-19 pandemic | The impact of the virus on India's GDP

A very insightful article written by BABC Board Member Badri Narayanan Gopalakrishnan, PhD and his colleague Somya Mathur on the impact of COVID-19 in India. A valuable read if your company's global operations include India or you have an interest in the broader global impacts of the health crisis. Covid-19 pandemic | The impact of the virus on India's GDP

SBA Offers Disaster Assistance to Washington Small Businesses Economically Impacted by the Coronavir

SACRAMENTO, Calif. – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Washington small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Jay Inslee on March 13, 2020. Read the full press release.

Business Health: Managing Impacts of COVID-19 Novel Coronavirus

Updated 5-28-2020 To help you stay informed, we are pleased to share these resources. SBA FINANCIAL ASSISTANCE The recently passed CARES Act makes $350 billion available to help small businesses keep the lights on and workers on payroll. The U.S. Chamber of Commerce has launched a Small Business Guide and Checklist to help companies take advantage of these loans. Congress made these loans forgivable under many circumstances, acting more as a grand program. Coronavirus Small Business Guide Everything You Need to Know About SBA Disaster Assistance Loans Coronavirus Emergency Loans: Small Business Guide & Checklist SBA PPP-IFR Loan Forgiveness SBA PPP-IFR Loan Review Procedures and Related Borr

Trade Assocication Linked: A New BABC Resource

Trade Association Linked (www.talinked.com) is a new venture currently in ‘test mode’ here in the Pacific Northwest. This ‘by invite only’ online platform provides Trade Associations worldwide with: A place to connect with new members; A resource to promote existing members to new audiences; and A way to engage with their industry via sharing of events, knowledge, jobs, news and more. Trade Associations are invited to participate and they in turn invite their members to get involved. Association members can sponsor an industry, a country or globally, and this revenue will be shared with the Trade Association that the member belongs to. During these challenging times all Trade Associations, i

UK Government Launches Two New Tools for Businesses Exporting to & from the UK

The UK's Department for International Trade has released two new tools for businesses looking to export to and from the UK. The tools allow you to check: rules and restrictions tax and duty rates what exporting documents you need product-specific standards and regulations if there’s duty and VAT to pay duty relief schemes if an import licence is needed your UK commodity code, for example if you do your own import declarations Click here for the Exporting From the UK tool Click here for the Trading With the UK tool

UK Minister of State for Trade Policy Marks US Visit with Launch of Growing US - British Innovation

New York - Today, The British Embassy Washington, in proud partnership with BritishAmerican Business, launched Growing US – British Innovation and Growth in America, the latest publication in the Across The Pond series. The publication was launched at a reception in New York by Antony Phillipson, Her Majesty’s Trade Commissioner for North America, hosted on the occasion of a visit from the Minister of State at the Department for International Trade, The Rt Hon. Greg Hands MP. The event brought together companies featured in the publication, representatives from the UK Government, and leading transatlantic members of the BritishAmerican Business community. Highlighting 20 of the most innovati

BABC sister chapter, BritishAmerican Business, releases statement on the publication of the UK’s tra

2 March 2020 Contact: Dominic Parker, Communications Manager dparker@babinc.org | 020 7290 9882 | +44 7500 115352 London/New York - Following the publication of the UK objectives for the upcoming trade negotiations with the US, BritishAmerican Business CEO Duncan Edwards said: "We are encouraged by the extensive work and effort made to make an economic and strategic case for a transatlantic free trade agreement. "We welcome the comprehensive approach which incorporates a broader vision for trade and trade policy for the UK, emphasising the benefits to UK regions, smaller businesses, workers, consumers, and the wider public. Together with the specific sector priorities, this approach also hel

BABC sister chapter, BritishAmerican Business, Publishes Transatlantic Labour Mobility Paper - Open

2 March 2020 Contact: Dominic Parker Communications Manager dparker@babinc.org | 020 7290 9882 | +44 7500 115352 London/New York – Today, BritishAmerican Business (BAB) published its latest white paper laying out recommendations from the transatlantic business community on the future of transatlantic labour mobility. The availability of workers, regardless of their country of origin, is a crucial factor in successful, internationally competitive economies which lead on trade and investment. While there are many US and UK citizens working temporarily or permanently in each other’s market, there is further potential for improvement. Against a backdrop of domestic debates on immigration, this p

UK-US Free Trade Agreement

The UK Government just-published its policy paper on the UK's approach to trade negotiations with the US. This summary includes the UK government’s: approach to trade negotiations; negotiating objectives for a UK-US free trade agreement; response to the public consultation on a UK-US trade agreement; preliminary assessment of the long-term impacts of a bilateral trade agreement between the UK and the US. It also explains how input from the public consultation has informed the UK’s negotiating objectives. Read the summary report here.

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