The press release issued by the Department for Business and Trade on 25 October 2023.
First Working Group meeting under the UK – Oklahoma trade MoU takes place in Oklahoma City, OK.
Building on the enduring friendship and historical ties between the state of Oklahoma and the United Kingdom, on Tuesday 24 October 2023, representatives of both governments held the inaugural working group meeting created by the Memorandum of Understanding (MoU) on economic cooperation and trade relations signed in April this year.
Richard Hyde, Consul General for the United Kingdom in Houston, chaired the meeting hosted by Secretary Ken McQueen (Secretary of Energy and the Environment) in Oklahoma City, with officials from the respective governments and the Scottish and Northern Ireland Devolved Administrations. The discussion focused on identifying new opportunities for increasing bilateral trade in clean energy technologies, zero-emissions vehicles, agriculture, and public sector procurement. UK companies already employ over 10,000 people in the Sooner state. Participants used the working group to jointly plan activities that will further strengthen commercial links between the UK and Oklahoma and build on a strong trading relationship worth £294 million ($363 million) in goods trade in 2022.
The working group highlighted opportunities for further work and knowledge exchange to develop all areas of the MoU, specifically, on carbon sequestration and hydrogen fuel innovation, electric vehicle infrastructure and technology, agriculture, and Government/State procurement. It was agreed that subject experts on both sides would take forward detailed discussion and report back ahead of the next working group meeting which will involve representatives from industry as part of the continued work to deliver for businesses in the UK and Oklahoma.