Home Breaking News UK signs first post-Brexit deal worth £15.2bn with Japan

UK signs first post-Brexit deal worth £15.2bn with Japan

by LLB Politics Reporter
11th Sep 20 10:38 am

The British government have signed their first post-Brexit “free trade agreement with Japan” on Friday worth £15.2bn

On Friday morning the UK Trade Minister Liz Truss held a video conference with Toshimitsu Motegi, her Japanese counterpart.

IT was confirmed on Friday morning by the Department for International Trade, that the UK signed their first Brexit trade deal.

A statement said, “The UK has secured a free trade agreement with Japan, which is the UK’s first major trade deal as an independent trading nation and will increase trade with Japan by an estimated £15.2bn.

“The UK-Japan Comprehensive Economic Partnership Agreement was agreed in principle by International Trade Secretary Liz Truss and Japan’s Foreign Minister Motegi Toshimitsu on a video call this morning [Friday 11 September].

“The deal is tailored to the UK economy and secures additional benefits beyond the EU-Japan trade deal, giving UK companies exporting to Japan a competitive advantage in a number of areas.

“It will help to create jobs and drive economic growth throughout the whole of the UK.”

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