The Prague Post - US, UK forge 'Atlantic Declaration' to counter new threats

EUR -
AED 4.264005
AFN 76.056379
ALL 92.119118
AMD 421.405347
ANG 2.07805
AOA 1065.855627
ARS 1751.725753
AUD 1.610898
AWG 2.089913
AZN 1.978049
BAM 1.954542
BBD 2.339044
BDT 142.728129
BGN 1.969587
BHD 0.437816
BIF 3472.929942
BMD 1.161063
BND 1.471596
BOB 14.367545
BRL 5.952886
BSD 1.161347
BTN 109.641319
BWP 15.549723
BYN 3.577582
BYR 22756.827884
BZD 2.335746
CAD 1.60622
CDF 2647.222548
CHF 0.941512
CLF 0.027378
CLP 1081.018861
CNY 7.792239
CNH 7.790707
COP 3634.230581
CRC 526.758668
CUC 1.161063
CUP 30.76816
CVE 110.161832
CZK 24.210824
DJF 206.805993
DKK 7.475072
DOP 68.745454
DZD 154.682717
EGP 59.061514
ERN 17.41594
ETB 188.549774
FJD 2.573381
FKP 0.858928
GBP 0.859041
GEL 3.024566
GGP 0.858928
GHS 13.200637
GIP 0.858928
GMD 85.918923
GNF 10208.121514
GTQ 8.863699
GYD 242.902518
HKD 9.101152
HNL 31.176261
HRK 7.533674
HTG 151.876354
HUF 362.65153
IDR 20497.399973
ILS 3.495089
IMP 0.858928
INR 109.64884
IQD 1521.407597
IRR 1595996.714897
ISK 140.801819
JEP 0.858928
JMD 184.088335
JOD 0.823182
JPY 180.959155
KES 150.288246
KGS 101.533881
KHR 4699.792685
KMF 492.290455
KPW 1044.956723
KRW 1560.676984
KWD 0.358896
KYD 0.967898
KZT 528.950914
LAK 26042.349209
LBP 104000.509081
LKR 381.096337
LRD 203.179719
LSL 18.554837
LTL 3.428316
LVL 0.702315
LYD 7.369225
MAD 10.884506
MDL 20.005037
MGA 4982.706901
MKD 61.530175
MMK 2438.310722
MNT 4176.915195
MOP 9.378482
MRU 46.721725
MUR 54.442822
MVR 17.950216
MWK 2013.769089
MXN 19.625018
MYR 4.701087
MZN 74.200806
NAD 18.555156
NGN 1534.686715
NIO 42.7412
NOK 10.793209
NPR 175.476294
NZD 1.976564
OMR 0.44641
PAB 1.161013
PEN 3.895043
PGK 5.235517
PHP 72.882194
PKR 322.059649
PLN 4.314335
PYG 6948.497468
QAR 4.243626
RON 5.251023
RSD 117.352104
RUB 99.649974
RWF 1709.470202
SAR 4.360774
SBD 9.289096
SCR 15.988043
SDG 698.375451
SEK 11.145563
SGD 1.471362
SHP 0.860192
SLE 28.62049
SLL 24346.902282
SOS 663.761316
SRD 43.80747
STD 24031.65262
STN 24.483713
SVC 10.162677
SYP 15096.136429
SZL 18.557735
THB 38.197586
TJS 10.704675
TMT 4.063719
TND 3.388626
TOP 2.79556
TRY 56.239207
TTD 7.861973
TWD 36.671064
TZS 3076.757926
UAH 51.73141
UGX 4382.895352
USD 1.161063
UYU 46.736231
UZS 13698.0059
VES 936.254331
VND 30242.779302
VUV 135.83759
WST 3.155902
XAF 655.523761
XAG 0.017718
XAU 0.000265
XCD 3.13783
XCG 2.093098
XDR 0.820932
XOF 655.532224
XPF 119.331742
YER 275.17199
ZAR 18.553661
ZMK 10450.966369
ZMW 22.211225
ZWL 373.861699
  • CMSC

    -0.1100

    20.81

    -0.53%

  • BCE

    -0.1400

    23.67

    -0.59%

  • AZN

    -2.0700

    162.7

    -1.27%

  • RBGPF

    0.0000

    70

    0%

  • CMSD

    -0.0700

    20.69

    -0.34%

  • RIO

    0.4300

    103.27

    +0.42%

  • RYCEF

    0.1400

    19.92

    +0.7%

  • RELX

    -1.1400

    35.51

    -3.21%

  • GSK

    -0.9800

    49.89

    -1.96%

  • NGG

    -0.0500

    78.12

    -0.06%

  • VOD

    0.3200

    16.9

    +1.89%

  • BCC

    2.0900

    79.21

    +2.64%

  • BTI

    -0.6200

    55.35

    -1.12%

  • JRI

    -0.0700

    12.14

    -0.58%

  • BP

    0.2300

    43.81

    +0.52%

US, UK forge 'Atlantic Declaration' to counter new threats
US, UK forge 'Atlantic Declaration' to counter new threats / Photo: Brendan SMIALOWSKI - AFP

US, UK forge 'Atlantic Declaration' to counter new threats

The United States and Britain on Thursday announced a new strategic pact as their leaders rededicated the "special relationship" to counter Russia, China and economic instability.

Text size:

In a White House summit, US President Joe Biden and Prime Minister Rishi Sunak discussed Russia's invasion of Ukraine and the lightning-fast evolution of artificial intelligence.

But Sunak came away empty-handed on Britain's ambitions for a post-Brexit free-trade agreement with Washington, settling instead to tack along with Biden's plan to craft a new green economy through vast industrial subsidies.

An "Atlantic Declaration" adopted by the leaders aims to boost industry ties on defense and renewable energy, in the face of growing competition from China.

"We face new challenges to international stability -- from authoritarian states such as Russia and the People's Republic of China; disruptive technologies; non-state actors; and transnational challenges like climate change," the declaration read.

As he welcomed Sunak to the Oval Office, Biden was asked by reporters if the "special" transatlantic relationship was in good shape. He gave a thumbs-up and replied: "In real good shape."

Both leaders concurred that the world economy was undergoing the biggest changes since the Industrial Revolution, in part driven by AI, which is bringing doomsday warnings that sentient machines could wipe out humanity unless governments coordinate a response.

Sunak said Biden backed his plan to convene "likeminded" countries for the world's first AI summit in Britain later this year -- and the prime minister also wants the UK to host a future AI regulator.

Yet there are headwinds for Sunak's ambitions, with the United States and European Union already engaged in their own dialogue on an AI code of conduct as industry figures plead for regulation.

"One thing I'm confident won't change is the strength of our partnership, our friendship, and we will put our values front and center, as we've always done, to deliver for the British and American people," he told Biden.

Sunak said the Atlantic Declaration would help the allies face up to the chronic instability in energy markets caused by Russia's actions -- although they are reluctant yet to blame Moscow for this week's calamitous destruction of a dam in Ukraine.

But Sunak's first White House summit was equally about re-forging personal relationships after Britain went through three prime ministers last year, and after Biden made clear his displeasure about its handling of Northern Ireland.

- Ukraine war -

On Ukraine, the US and UK governments are moving closer to offering advanced fighter jets to help Kyiv counter the Russian invasion.

Sunak said the dam breach was an "appalling act and hundreds of thousands of people are being affected by it", promising UK aid relief to the victims.

But while giving up hope for now on a trade deal with the United States, Sunak headed into the summit arguing that the Ukraine war proves the need for transatlantic economic alignment.

"Just as interoperability between our militaries has given us a battlefield advantage over our adversaries, greater economic interoperability will give us a crucial edge in the decades ahead," he said.

Sunak did win a promise from Biden to discuss US relief to UK carmakers, via greater access to critical minerals used in batteries, after the president's Inflation Reduction Act offered new subsidies to companies with US operations.

- NATO leadership -

Sunak has meanwhile been talking up British Defense Secretary Ben Wallace as a candidate to lead NATO before the Western military alliance holds a summit next month in Lithuania, with the prime ministers of Denmark and Estonia also seen as contenders.

NATO Secretary General Jens Stoltenberg's term in the job is due to end in October.

For now, Biden has given no indication of whom he supports -- and his vote will be decisive in an alliance where the United States is by far the biggest player.

N.Kratochvil--TPP