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.”