UK and Texas Sign Trade Pact to Boost Clean Energy Solutions

The UK signed on Wednesday a trade pact with Texas, aimed at boosting investment and trade cooperation in new energy solutions, life sciences, and professional services. The so-called Statement of Mutual Cooperation (SMC) will strengthen trade between the UK and Texas, the UK government said on Wednesday during a visit of Texas Governor Greg Abbott to London. The trade agreement is Britain’s biggest pact with a U.S. state to date, as Texas has the second largest U.S. state economy, with a GDP of $2.4 trillion (£1.9 trillion)…