UPS expects new opportunities based on the future UK-USA trade agreement

Posted on Thursday, May 7th by

The trade deal between the United Kingdom and the United States has been looked forward to from the very beginning of Brexit project.  

As the trade discussions between the UK and the USA are underway, UPS looks forward to seeing its benefits and aims for an ambitious and profitable result. 

Mark Vale, Managing Director of UPS in the UK, declared: "UPS believes that a UK-U.S. trade agreement would boost economic growth and promote job creation, particularly for small and medium-sized businesses. Aligning UK-U.S. customs procedures, and simplifying the administrative processes associated with trading across borders, will broaden the business horizons of many of the smaller companies with whom we work every day." 

Laura Lane, President of UPS Global Public Affairs, also declared: "These negotiations are coming at a critical time when we need to be taking steps to stimulate both of our countries' economic recoveries in a post-COVID-19 world. Given the U.S. and UK's leadership roles in setting high-standard terms for trade, the negotiation of this agreement represents an important opportunity to set economy-leading, 21st-century rules for services, custom modernization and e-commerce." 

UPS has always aimed for free and fair trade. Globally, they handle 3% of the world's GDP and have more than 480,000 employees operating in 220 countries, shipping more than 20 million packages and documents daily supported by the largest in-house customs brokerage operation.


Source: Post&Parcel