Orrin Hatch: “I would like to take a few minutes to talk about a resolution that I am submitting today regarding the importance of the…”

“I would like to take a few minutes to talk about a resolution that I am submitting today regarding the importance of the trade and investment relationship between the United States and the United Kingdom. I also would like to discuss our Nation's international trade policy more broadly, including our interest in negotiating and entering into trade agreements that satisfy the high standards that the Congress outlined in the Trade Promotion Authority, or TPA, statute we enacted last year. Last month, the U.K. voted to withdraw from the European Union. The formal withdrawal process is at its beginning stages, and the U.K. and the EU have many issues to resolve as they work out their future political and economic relationship. I am optimistic that these issues will be resolved constructively, and that the U.K. and the EU will achieve a trade and investment climate that is mutually beneficial and productive and that supports the continuation of the United States' close diplomatic, economic, and commercial ties with both the U.K. and the EU. Throughout this process, the U.S. must continue to show strong support for the important and longstanding relationship that our country enjoys with the U.K. That relationship is rooted in democratic principles, a similar culture and a common language, a strong commitment to peace and security, and close and open economic and commercial ties. The U.S. and the U.K.…”