Thread: Reform UK's chronicles
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Old 01-06-2025, 16:06   #439
OLD BOY
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Re: Reform UK's chronicles
Quote:
Originally Posted by Hugh View Post
There’s a very important difference - Trade Deals are contractual arrangement between states concerning their trade relationships, whilst an MoU is a non-binding agreement between parties, typically to outline their intentions, goals, and potential areas of cooperation.

One is legally binding, the other isn’t…

The seven States don’t have any Trade Deals with the U.K. as only Congress can legally do this.
I know. It was a work around as Biden was not interested in full blown trade deals.
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