Japan and Britain has signed a free trade agreement on Friday. The is the first of such major post-Brexit deal, reducing tariffs on goods like Yorkshire lamb sold in Japan as well as auto parts for Japan’s Nissan plant. “How fitting it is to be in the Land of the Rising Sun to welcome in the dawn of a new era of free trade,” British International Trade Secretary Liz Truss said at a signing ceremony in Tokyo. Appearing with Japanese Foreign Minister Toshimitsu Motegi, Truss called the agreement a “landmark” as the first major trade deal for Britain as it becomes once again an independent trading nation. The deal, expected to boost British trade with Japan by £15 billion ($19.5 billion) annually, will also make it easier for British companies to operate in Japan.
Britain and Japan sign post-Brexit trade deal
written by Ayomide Arowobusoye