OrbitaxOrbitax

U.S. and UK Atlantic Declaration Includes Negotiation of Critical Minerals Agreement for Clean Vehicle Tax Credit

|Approved Changes|United States-United Kingdom
United States-United Kingdom

On 8 June 2023, the Biden Administration announced The Atlantic Declaration: A Framework for a Twenty-First Century U.S.-UK Economic Partnership. Among other things, this includes that the U.S. and the UK will negotiate an agreement that will allow critical minerals extracted or processed in the UK to count towards sourcing requirements of the clean vehicle tax credit.

---

Launching negotia…

Continue Reading