Ukraine and the UK extend duty-free trade for five years

On Monday, September 9, 2024, the UK, US, and Australia signed a Memorandum of Understanding (MoU) to boost strategic cooperation and resilience in critical supply chains. 

The MoU establishes the Australia-UK-US Supply Chain Resilience Cooperation Group, focusing on data sharing and joint action to address risks, particularly in the telecommunications sector. 

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An early warning pilot will monitor and manage risks to this vital supply chain, enhancing each country’s ability to respond to disruptions. This agreement deepens the historic ties between the three nations and supports stability for the UK’s growth mission.

 
Impact on business owners: This collaboration may improve supply chain stability and reduce disruptions, benefiting businesses reliant on telecommunications infrastructure.
 
What do you think the impact is?
 

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