Uk Trade Agreement With Japan

The agreement is also of much broader strategic importance. It opens a clear path to membership in the Comprehensive Trans-Pacific Partnership – which will open up new opportunities for the UK economy and strengthen our economic security – and strengthens ties with a like-minded democracy, omnipotent and a major investor in Britain. “In the past, it was said that an independent UK would not be able to make major trade deals or that it would take years for them to be concluded,” Truss said in a joint press release with Japanese Foreign Minister Toshimitsu Motegi. The transition period for Brexit will have expired by then, meaning Britain will be excluded from the EU-Japan deal it is currently subject to. .