China News Service, September 11, according to Agence France-Presse, on the 11th, the United Kingdom announced that it had reached a free trade agreement with Japan, which was the first major trade agreement since Brexit.
Data map: On January 29, local time, the European Parliament approved the "Brexit" agreement.
After the vote, the parliamentarians present hand in hand sang the classic Scottish song "A Long Time for Friendship" and bid farewell to Britain with this well-known "Farewell Song".
China News Agency issued photos for EU
The UK Department of International Trade stated in a statement: “The UK has reached a free trade agreement with Japan. This is the first major trade agreement signed by the UK as an independent trading nation. It is expected that trade with Japan will increase by 152 Billion pounds."
According to another report, British Secretary of State for International Trade Truth had previously stated that the negotiations with Japan that began in June were positive and fruitful.
It is reported that the two countries have reached substantial agreements on most areas of the bilateral trade agreement between Britain and Japan after Brexit.
According to reports, Japan is a major investor in British industries, especially consumer electronics and automobile manufacturing.
According to British data, the bilateral trade volume between Britain and Japan in 2019 was 31.6 billion pounds, and London hopes that this figure can increase by about 15 billion pounds per year in the long term.
The UK has already withdrawn from the European Union on January 31, 2020, and is currently in a transitional period for Brexit.
After Brexit, the UK has been working hard to establish a new UK-Japan trade agreement based on the 2019 EU-Japan Agreement.