Stitt Signs Memorandum to Increase Trade, Energy Tech with UK

Earlier this week, Governor Kevin Stitt was in the United Kingdom to sign a Memorandum of Understanding between Oklahoma and the U.K. The pact is focused on increased trade and a recognition that both entities can benefit from each other’s energy innovations.

Stitt signed that memorandum with UK Minister for International Trade Nigel Huddleston.

“When I was first elected, I promised I would bring the world to Oklahoma and Oklahoma to the world and that’s exactly what we are doing today,” said Stitt. “Specifically, Oklahoma has a long and rich history with the United Kingdom and I look forward to building on our mutually beneficial relationship through this MOU on energy innovation, trade, agriculture, economic development, and more. Both the United Kingdom and Oklahoma share the same vision for providing reliable, affordable energy for our citizens and there is a lot to learn from each other, whether that’s on carbon capture or hydrogen development. I am glad to get this agreement signed and look forward to building our relationship.”

Huddleston noted that the UK does create jobs in Oklahoma and there’s a desire to increase the trade ties between his country and the state.

“Last year, UK companies operating employed over 10,000 Oklahoman’s, while Oklahoma exported nearly $150m of goods to the UK. Signing this MOU signifies our joint commitment to growing these numbers through addressing barriers, delivering trade missions, and encouraging investment – helping business in the UK and Oklahoma to grow and create jobs.

“With its focus on renewable energy, Carbon Capture Utilisation and Storage (CCUS), as well as other green technologies, and agriculture this agreement paves the way for a bright future of UK-Oklahoma relations,” said Huddleston.


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