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Why Invest?Country Profile |
United States » International Relations
The United States Relations with International CommunityThe term Anglo-American relations refers to bilateral relations between the United Kingdom and the United States. The special relationship is a term used to emphasize the warmth and cordiality of the relationship between the leaders and military forces of the two countries and used to describe Anglo-American relations in a positive light; however, Anglo-American relations have gone through times of war and conflict as well as peace and close cooperation. The term transatlantic relations as used in the United Kingdom usually refers to Anglo-American relations, as the United States and the United Kingdom lie on opposite sides of the Atlantic Ocean.
The United States of America has vast economic, political and military influence on a global scale, which makes its foreign policy a subject of great interest and discussion around the world.
Trade and Investment with UKThe value of UK goods exported to the US totalled 29.6 billion in 2001. Figures for 2002 total £28.38 billion (3.8% down on 2001). Provisional figures for 2003 total £28.99 billion (2.2% up on 2002). The total US import market in 2002 was $1,164 billion (OTS basis), an increase of 2% over 2001. The UK's share was 3.5% - 6th in the table behind Canada, Mexico, China, Japan, and Germany. The UK is the 4th biggest market for US exports. Total foreign direct investment (FDI) in the US reached $1,348 billion in 2002. The UK continues to be the leading investor in the US with $283 billion in 2002 (US Bureau of Economic Analysis) representing some 21% of total FDI in the US. |
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