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UK seeks inputs on new economic partnership with Japan

25
Sep '19
Pic: Shutterstock
Pic: Shutterstock
The UK Government on September 20 launched an online ‘call for input’ from businesses, interest groups and the public to prepare for trade negotiations with Japan after Brexit. The call will be open for six weeks. UK international trade secretary Liz Truss was in Tokyo recently to discuss modalities to start a new economic partnership as soon as possible.

The UK and Japan have already committed to seeking an economic partnership that is just as ambitious, high standard and mutually beneficial as the existing EU-Japan Economic Partnership Agreement (EPA).

The United Kingdom expects a new partnership would go even further in areas of shared interest, according to an official statement.

Truss said businesses 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.

There are nearly 1,000 Japanese firms based in the United Kingdom, employing over 150,000 people. (DS)

Fibre2Fashion News Desk – India


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