Japan, UK agree on bilateral trade deal

Society | Sep 12

Japan, UK agree on bilateral trade deal

Japan and Britain have reached a broad agreement on a new economic partnership.

The two sides aim to bring the pact into force on January 1, 2021.

Japan's Foreign Minister Motegi Toshimitsu and the UK International Trade Secretary Elizabeth Truss had an online meeting on Friday. The negotiations follow the UK's exit from the European Union.

The two officials found common ground on remaining issues, including tariffs on some farm products.

Motegi said the two sides have agreed on rules for e-commerce and other fields that are more comprehensive than what's in place under the Economic Partnership Agreement that Japan has with the EU.

He added he believes the deal will further promote trade and investment between Japan and Britain.

Source: ANNnewsCH

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