,,ii  #aadth ,,congress  #b;d ,session  
,s4 #cabc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #bi1     
#bjaf ,mr4 ,lee 7for himself and ,mr4   
,cotton7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
provide for the continuation with       
respect to the ,united ,kingdom of      
existing commercial agreements between  
the ,united ,states and the ,european   
,union1 to encourage the ,president to  
expeditiously negotiate a new           
comprehensive bilateral trade agreement 
with the ,united ,kingdom1 and for other
 purposes4  #a4 ,short title  ,this ,act
 may be cited as the ,united ,kingdom   
,trade ,continuity ,act4  #b4 ,findings2
 sense of ,congress  7a7 ,findings      
,congress makes the following findings3 
7#a7 ,on ,june #bc1 #bjaf1 the people of
 the ,united ,kingdom voted in support  
of a referendum to leave the ,european  
,union4  7#b7 ,the ,united ,states has a
 special and historic relationship with 

the ,united ,kingdom that has enabled   
economic prosperity and security        
cooperation that greatly benefits both  
countries4  7#c7 ,the ,united ,kingdom  
is a great and important trading partner
 with the ,united ,states1 with exports 
to the ,united ,kingdom in #bjae        
totaling approximately #ef1aad1fjj1jjj  
and imports to the ,united ,states      
totaling approximately #eg1ifb1cjj1jjj4 
7#d7 ,it is in the national interest of 
both the ,united ,states and the ,united
 ,kingdom to preserve and expand the    
special relationship between the #b     
countries4  7b7 ,sense of ,congress ,it 
is the sense of ,congress that-- 7#a7   
the ,united ,states supports the        
decision by the people of the ,united   
,kingdom to leave the ,european ,union2 
7#b7 the ,united ,states should give the
 ,united ,kingdom the assurance that the
 special relationship between the       
,united ,states and the ,united ,kingdom
 will not be adversely affected by a    
lapse in or confusion about trade rules 

with the ,united ,states2  7#c7 it is   
vital to reassure trading markets1      
businesses1 and consumers of the        
commitment of the ,united ,states to    
continue without interruption the close 
and mutually beneficial trade           
partnership between the ,united ,states 
and the ,united ,kingdom2 and  7#d7 the 
market access provided to financial     
institutions based in the ,united       
,states and the ,united ,kingdom through
 passporting rights should be supported 
by equivalent forms of market access    
before the ,united ,kingdom exits the   
,european ,union4  #c4 ,continuation of 
existing commercial agreements  7a7 ,in 
general ,the ,united ,states shall      
continue to comply with the terms of all
 commercial agreements between the      
,united ,states and the ,european ,union
 that govern commerce between the       
,united ,states and the ,united ,kingdom
 as of the date of the enactment of this
 ,act to the same extent as if the      
,united ,kingdom were still a member of 

the ,european ,union1 unless such an    
agreement specifically provides         
otherwise1 until a new comprehensive    
agreement between the ,united ,states   
and the ,united ,kingdom is negotiated  
and enters into force4  7b7 ,required   
actions ,the ,president shall           
expeditiously take such measures as are 
necessary1 in coordination with         
,congress1 to ensure that the ,united   
,states is able to fulfill the          
requirement under subsection 7a74  #d4  
,negotiation and ratification of a      
,united ,states-,united ,kingdom trade  
agreement  7a7 ,sense of ,congress ,it  
is the sense of ,congress that-- 7#a7   
not later than #cj days after the date  
of the enactment of this ,act1 the      
,president should initiate negotiations 
with the ,united ,kingdom with the goal 
of reaching a final comprehensive       
bilateral trade agreement by the date   
that is one year after such date of     
enactment2 and  7#b7 the ,president     
should make every effort to negotiate   

such an agreement expeditiously4  7b7   
,expedited procedures ,the expedited    
procedures provided for under section   
#aea of the ,trade ,act of #aigd 7#ai   
,u4,s4,c4 #baia7 shall apply to a bill  
to implement a comprehensive bilateral  
trade agreement with the ,united        
,kingdom negotiated under subsection 7a7
 to the same extent as such procedures  
apply to an implementing bill under     
section #ajc7;b77#c7 of the ,bipartisan 
,congressional ,trade ,priorities and   
,accountability ,act of #bjae 7#ai      
,u4,s4,c4 #dbjb7;b77#c774  7c7          
,consultations ,the ,president shall    
frequently update the ,committee on     
,finance and the ,committee on ,foreign 
,relations of the ,senate and the       
,committee on ,ways and ,means and the  
,committee on ,foreign ,affairs of the  
,house of ,representatives on the       
progress made in negotiating a          
comprehensive bilateral trade agreement 
with the ,united ,kingdom under         
subsection 7a74