Overview of the Atlantic Declaration

The Atlantic Declaration is a result of a summit held at the White House between US President Joe Biden and British Prime Minister Rishi Sunak. The agreement is of significant importance to both the countries.

• Objective of the Declaration:
  • The primary aim of the declaration is to fortify the "special relationship" between the United States and Britain. It seeks to enhance collaboration in various sectors to tackle global issues such as the threats posed by Russia, China, disruptive technologies, non-state actors, and climate change.
• Strengthening Industrial Relations:
  • The agreement underscores the need to bolster industry relations, specifically in the defense and renewable energy sectors. It also aims at enhancing the collaboration between the US and Britain to counter the increasing competition from China.
• Addressing Economic Instability:
  • The Atlantic Declaration acknowledges the need to tackle the persistent instability in the energy markets, primarily caused by Russia's actions. However, it doesn't explicitly hold Moscow responsible for recent incidents such as the collapse of a dam in Ukraine.
• Promoting Green Economy:
  • The agreement supports Biden's plan of developing a new green economy through substantial industrial subsidies. Britain has expressed its agreement to back this plan rather than focusing on a post-Brexit free-trade agreement with the United States.
• Proposed AI Summit:
  • The declaration endorses Sunak's proposal to host the world's first AI summit in Britain in 2023, with the support of President Biden. It also expresses the intent for the UK to host a future AI regulator.
• Assistance for Ukraine and Aid Relief:
  • The agreement acknowledges the need for providing aid relief to the victims of the Ukraine dam collapse. The governments of the US and UK are considering providing advanced fighter jets to assist Ukraine in countering the Russian invasion.
• NATO Leadership:
  • The British Prime Minister has been advocating for British Defense Secretary Ben Wallace to lead NATO before the alliance's summit in Lithuania. However, President Biden has not yet expressed his support for any specific candidate, and his vote will be vital in determining the next NATO Secretary General.