Society | Jan 01

Japan-U.K. post-Brexit trade deal takes effect

A post-Brexit trade deal between Japan and the United Kingdom came into force Friday, ensuring business continuity and strengthening the bilateral relationship as London seeks to join the larger Trans-Pacific Partnership free trade agreement.

The two countries signed the FTA in October as the existing Japan-European Union trade pact ceased to cover the United Kingdom on Thursday, the end of the transition period following the country's exit from the European Union in January 2020.

The lack of an agreement could have resulted in impositions of higher tariffs by both countries on bilateral trade.

The deal largely duplicates the Japan-EU FTA, including gradual elimination of British tariffs on Japanese cars by 2026 and immediate removal of its duties on most Japanese agricultural goods such as beef and tea.


MORE Society NEWS

The Imperial Household Agency has announced that Princess Kako, the second daughter of the Akishino family, is scheduled to visit Greece in late May to promote international goodwill.

The Taiji Town Whale Museum in Wakayama Prefecture conducted a memorial service on Tuesday for marine mammals and fish that have died in captivity.

A startling projection has been unveiled, suggesting that if current trends continue, every Japanese person might eventually be named 'Sato'.

POPULAR NEWS

Four men have been arrested by Tokyo police for allegedly recruiting women for prostitution in the United States via a website, promising encounters with affluent clients and high earnings.

For the first time in 73 years, Japan has unveiled a newly constructed whaling mother ship, equipped with drone technology for whaling operations in the Antarctic Sea.

The Liberal Democratic Party (LDP) in Nara Prefecture has disciplined its former Youth Division Chief following a controversial dance party incident.

Residents of Japan's oldest student dormitory, self-managed for over 100 years, are digging in as Kyoto University attempts to evict them from the premises.

A Japan Airlines flight en route from Melbourne to Narita Airport encountered sudden severe turbulence on April 1, causing injuries to several cabin crew, including a broken leg.

FOLLOW US