UK-Japan Sign FTA

International Trade Secretary Liz Truss had struck the deal with Japan’s foreign minister Toshimitsu Motegi on a video call on 11 September.

After the ceremony, Ms Truss said: “How fitting it is to be in the land of the rising sun to welcome in the dawn of a new era of free trade.” She added it would “pave the way” towards UK membership of the wider Trans-Pacific Partnership.

UK and Japan have signed a free trade agreement at a ceremony in Tokyo, hours before negotiations on a post-Brexit deal with the European Union are due to resume.

The UK-Japan Comprehensive Economic Partnership Agreement (CEPA), which was agreed in principle last month, marks Britain’s deal with a major economy since Brexit.

UK government claims the agreement will boost trade with Japan by £15.2bn over the next 15 years – and UK businesses will enjoy tariff-free trade on 99% of exports to the country

Published by Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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