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U.S. Stalls U.K. Bid to Stay in $1.7 Trillion Market

  • U.S., others say the U.K. offer is outdated, needs revision
  • The 46-nation accord represents government procurement market
The Wedding Of Britain's Prince Harry And Former “Suits” Actress Meghan Markle At Windsor Castle
Photographer: Chris Ratcliffe/Bloomberg
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A U.K. bid to rejoin a $1.7 trillion public procurement alliance stalled because its application was missing key information, according to a U.S. official familiar with the proceedings.

The U.K. failed to provide requested information and updates related to its proposal to become part of the World Trade Organization’s 46-nation Government Procurement Agreement, said the official, who asked not to be identified because discussions are ongoing. Despite the setback, there was broad support to find a way to keep the U.K. in the accord.