Japan-UK Start negotiations to conclude new economic partnership agreement June 9 19:26
Foreign Minister Mogi agrees to meet with British Foreign Trade Minister Truss in the form of a video conference and to start negotiations to conclude a new economic partnership agreement between the two countries following the departure of the EU from the European Union. Did. The government is aiming for the new year's agreement to come into effect.
Japan has signed an EPA=Economic Partnership Agreement with the EU=European Union, but since the UK left the EU in January this year, when the “transition period” by the end of the year has passed, The tariff incentives between will be lost.
On the evening of the 9th, Foreign Minister Mogi talked with British Minister of International Trade, Truss, in the form of a video conference for about 30 minutes, saying that it is necessary to ensure business continuity between the UK and Japan, and a new economic partnership between the two countries. We have agreed to start negotiations to conclude the agreement.
The Japanese government will proceed with negotiations on the basis of the agreement with the EU, conclude the agreement early, and aim for the agreement to come into effect at the beginning of the year.
There are some people in the government who hope that the tariff elimination for the cars with the highest amount of exports to the UK will be earlier than the agreement with the EU. We must not be too aggressive." First of all, we plan to carefully judge the way the British side is going.