The many contacts between Belgian and British companies ultimately led to no fewer than nine signed "Memoranda of Understanding. Two important Belgian investments in the United Kingdom were also inaugurated, namely an integrated waste-to-energy site for the Indaver company in Rivenhall and the construction of a brand-new research and development facility for the Belgian pharmaceutical company UCB in Windlesham.
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In Oxford, where part of the mission's program took place, Princess Astrid, along with Princess Elizabeth, and Belgian rectors, met with Professor Louise Richardson, Vice-Chancellor of the University of Oxford, on the possibilities of further bilateral cooperation between our universities, the exchange of students and researchers, in the interest of the development of ecosystems in our two countries.
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The cultural and historical ties between our two countries were highlighted during the tribute to Edith Cavell, brought by Princess Astrid together with Princess Anne. The British nurse Edith Cavell helped several hundred wounded escape from occupied Belgium during World War I, and eventually lost her life in our country. Princess Astrid also had a meeting with the Prince of Wales.
From May 8 to 12, Princess Astrid, representing the King, will lead an economic mission of Belgium to the United Kingdom (UK). With more than 400 participants, 214 companies and organizations and four days of activities in the Greater London Area, this mission will be one of the largest ever organized.
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Belgium and the UK are neighbors who share not only close geographic proximity, but also a historic trading relationship and an innovative spirit. The economic ties between Belgium and the UK are historical, intense and deeply intertwined. Trade between our countries has deep historical roots that date back to the Middle Age, such as the development of the garment industry and the import of wool from England. Today, the UK is our largest non-EU trading partner (fifth largest customer and eighth largest supplier), with historic sectors that include: chemicals, transport equipment, machinery and food products. In addition, the UK is also in the top 5 largest foreign investors in our country.
The economic fabric of our country has great similarities with that of the UK: the dominance of the service sector, the importance of SMEs, a high degree of globalization and good cooperation between the private sector, government and academia. The COVID-19 pandemic has proven the great importance of sectors such as health, biopharma and life science - also for our relationship with the UK: British research and Belgian production facilities were instrumental in containing the pandemic.
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The sectors that receive special attention in the program are:
Chemicals, Pharmaceuticals and Life Sciences
Agri-Food and Food Industry
Architecture and Construction
Transport and Logistics
Cleantech
These sectors are part of this economic mission, but of course the economic cooperation with the UK is broader. In the area of energy cooperation, there are opportunities in the development of infrastructure (interconnectors) and renewable energy (green hydrogen).
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With over 540 participants, i.e. business representatives from 270 leading Belgian companies and a solid academic delegation as well, this is one of the largest ever organized. [...]
Belgium and the United States enjoy strong economic ties. With over USD 58 billion in bilateral trade in goods in 2021, the United States is the largest export destination for Belgium outside the European Union. Belgium is the third export destination in the EU for the U.S. and represents a crucial logistics hub and a key access point to the European market. The stock of mutual bilateral investment amounts to more than $130 billion and is almost evenly balanced between the two countries. About 900 American companies operate in Belgium and many have established their European headquarters or important R&D facilities. The 500 Belgian companies operating in the United States also contribute significantly to the U.S. economy and employ some 70,000 people all over the country.
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The aim is to explore further opportunities to strengthen partnerships between Belgium and the United States and to highlight the shared focus of our two countries on technology (i.e. Massachusetts Institute of Technology/MIT). The companies that will be visited by the trade delegation to the United States will be a mix of subsidiaries of Belgian companies and local companies that have strong ties to Belgium (in the former group of companies one finds AB Inbev (New York City), Solvay (Alpharetta, GA) and UCB (Smyrna, GA).
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HRH Princess Astrid will also be meeting government officials throughout the trip, among them Governors Brian Kemp (Georgia) and Charlie Baker (Massachusetts) and New York City Mayor Eric Adams and Boston Mayor Michelle Wu.
The economic mission to the USA has started, the delegation has arrived yesterday.
Prince Lorenz has accompanied Princess Astrid in order to be with her on her 60th birthday today, June 5.
"I really wanted to be present with my wife for this important anniversary" he said in Atlanta today, but he will only stay for that one, special day:
** Pic 1 ** Pic 2 ** Twitter Post **