International Focus Magazine Vol. 2, #1 | Page 40

— Continued from page 38 tive products and services to offer in this market and we’re equally interested in working with tech companies based in and around our patch who might be looking to take their business international by investing in the UK, so we have people here who work to support those endeavors. Sara: What are some big picture issues facing the UK today? The Honorable Karen Bell: Well, the obvious one is how we position the UK and take forward our international relationships in the wake of the outcome of the EU Referendum which took place on the 23rd of June. It was a massive democratic exercise, and we had a turnout of over 70%. 33 million Brits went to the polls to decide whether or not the UK should remain in the European Union, and as we all know, the decision that emerged from the referendum was that we should start the process of leaving. So a very big part in my role as Consul General and that of my colleagues around our diplomatic network is explaining exactly how the UK is and will continue to be a very strong global leader and partner particularly for the United States. “Our Marshall scholarship program is one of them where we continue to invest in the brightest of US students who go on to pursue their post-graduate studies in the UK” Union — so Europe will continue to be really important to us, but also we are excited for the opportunities to be an even more effective global partner particularly for the US. There is no bilateral relationship anywhere on the planet that is more important than the one that exists between the US and the UK. “Special Relationship” celebrated its 70th birthday this year. The exAn awful lot of what we do now is pression was first coined by Winston not connected with our member- Churchill 70 years ago and a big part ship with the EU, so for in stance, of what we are trying to do is make our membership with the UN, G7, sure the Special Relationship remains G20, our NATO membership, we are special and relevant to a next generathe only country in the world that tion of Brits and Americans. We do spends almost 2% of its GDP on de- that in a variety of ways. Our Marfense and also meets our UN target shall scholarship program is one of to spend. 7% of our national income them where we continue to invest on oversea development assistance so in the brightest of US students who all of that will continue but equally go on to pursue their post-graduate as we prepare to start the process for studies in the UK. We are also very leaving the EU, we are excited by excited about the opportunities to the opportunities of building even develop connections with the Hiscloser relationships with our partners panic community, particularly in this outside the EU. We are not leaving part of the world. We recognize that Europe, we are leaving the European one of the great opportunities of hav40 iF Magazine | January 2017 ing a consulate here in is that it gives us a window on what the American future might look like, and we’ve taken a strategic decision to engage with that and want to be a part of it. We want our relationship to be special for a generation of Americans who may not have the same family connections, as perhaps, the generation that went before them, and we want to continue to be the closest partner we can be for the US. Sara: What does Brexit mean for Americans traveling to Europe? The Honorable Karen Bell: Well, most immediately it means that your dollar goes a lot further. The UK’s economy is in very, very robust shape and the IMF and numerous independent bodies have confirmed that. But you will notice that the pound did drop by a considerable margin against the dollar in the wake of the EU referendum. So that means for anyone who is thinking about doing some Holiday shopping, now is a great time to go.