Russia’s military build-up at Ukraine’s border continues to dominate the attention of transatlantic partners, with officials from the United States (US), the United Kingdom (UK), and the European Union (EU) continuing to warn Russia to de-escalate the situation. In America, the US Congress wrapped up its legislative work for 2021, with Democrats not quite getting their social and climate change spending package to the finish line ahead of the congressional break. However, the US Congress did approve a bill that focuses on alleged forced labor concerns related to the People’s Republic of China (“China”).
Separately, in the EU, there is some increased pressure to act on a stalled proposal to address concerns with forced labor in the manufacturing of goods overseas. Meanwhile, transatlantic partners are separately seeking to define their 2022 priorities, with synergy – albeit separately – seen around digital trade and the Indo-Pacific region. With temperatures cooling around the world, transatlantic partners are also focused on addressing increased cases of the COVID-19 Omicron variant.
In this issue, we also cover:
- Notable US, UK, and EU developments;
- A brief UK-EU trade deal update; and
- COVID-19 highlights among the transatlantic partners.
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