UK launches ‘call for input’ to seal trade deal with Japan
The British government on Wednesday wanted to hear from different businesses about their preferences and priorities for a trade deal with Japan upon Brexit.
Japan is one of the long-standing trade partners of Britain. The exit of Britain in the European Union has caused Japanese firms to consider transferring operations elsewhere if tariff-free trade ends with the rest of the EU.
“Business should be reassured that there is huge political will on both sides to begin negotiating a new free trade agreement with Japan as soon as possible,” said British Trade Minister Liz Truss.
“Launching our call for input today will allow us to begin these formal negotiations rapidly and will give people throughout the UK the opportunity to have their say on the new agreement,” he furthered.
Truss will meet Toshimitsu Motegi, Minister of Foreign Affairs in Japan as well as Trade Industry Ishuu Sugarawa, and Minister for Economic Revitalization Yasutoshi Nishimura on Friday.
SoftBank cancels $3 billion deal for additional WeWork Shares01.04.2020
Japan's factory activity shrinks at fastest pace as domestic and overseas demand slump01.04.2020
Asian shares trade in green but COVID-19 caps gains30.03.2020
Indonesian stocks plummet by 5%, trade halts temporarily