LONDON, Aug 8 — Britain and Japan yesterday reached agreement on “major elements” of a post-Brexit trade deal but failed to wrap up negotiations as foreign minister Toshimitsu Motegi ended his three-day trip to London. The two parties reached agreement in areas such as digital, data and...
British trade minister Liz Truss attends a joint video conference with Japan's Minister for Foreign Affairs Toshimitsu Motegi at the Department for International Trade, in London June 9, 2020. ― Handout via Reuters
“Negotiations have been positive and productive, and we have reached consensus on the major elements of a deal,” said British trade minister Liz Truss in a statement.Motegi told reporters that “we substantially agreed” on most issues and that the partnership will include investment services and e-commerce.
Bilateral trade is currently conducted under a broad EU-Japan deal that came into effect last year, but the agreement will no longer apply to Britain from December 31.
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