Britain inks post-Brexit trade deal with Japan
Tokyo, Oct 23 (AFP/APP):Britain and Japan are set to sign a trade deal on Friday at a ceremony in Tokyo, marking London’s first major post-Brexit agreement as it holds an intense round of negotiations with the European Union. The deal covers sectors from food to textiles and tech and largely replicates the existing EU-Japan arrangement, which will no longer apply to Britain at the end of this year. The British government has touted it as a chance to boost trade between the two countries by £15.2 billion ($19.5 billion, 16.5 billion euros). It is due to take effect on January 1 — the end of a transition period in which London and Brussels are trying to thrash out the terms of their new relationship. Britain and the European Union resumed their fraught talks on Thursday after the UK ended a week of threats to abandon the long-running negotiations. EU chief negotiator Michel Barnier arrived in London with negotiators vowing to work around the clock to salvage a trade deal and avert potential economic chaos at the end of the year — although key sticking points still remain. Britain’s International Trade Minister Liz Truss is in Tokyo to sign the deal … Continue reading Britain inks post-Brexit trade deal with Japan
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