The Atlantic Declaration is a statement of intent between the UK, the US, and Australia aimed at addressing economic and military security concerns in the post-COVID era.
It was signed by Prime Minister Rishi Sunak and US President Joe Biden
during Sunak's visit to the White House.
The Declaration attempts to address the changing global landscape, including the threat posed by China and the impact of Covid
-19, and aims to promote a more self-sufficient and sustainable economy.
The Declaration also includes a focus on green technologies and jobs, as well as defense cooperation.
The UK government is optimistic about the potential benefits of the Declaration for British businesses, although there are concerns about the impact of some of the Act's provisions on UK companies.