Liz Truss announces UK and Japan free trade agreement marking Britain's first major deal after Brexi

A free trade agreement between the UK and Japan has been secured in principle.

The International Trade Secretary Liz Truss said it is Britain’s first major deal as an independent trading nation and it will increase commerce with Japan by an estimated £15.2 billion.

The UK-Japan Comprehensive Economic Partnership Agreement was agreed in principle by Truss and Japan’s foreign minister, Motegi Toshimitsu, in a video call on Friday.

Truss said: “This is a historic moment for the UK and Japan as our first major post-Brexit trade deal.

[davewright]

We already had a deal with Japan in the EU, this is tiny compared to the trade we're gonna lose with Europe.

[gigimalvassora]

it's the same agreement UK had in the EU at the 90% ... the rest are all Japan's benefits

[mikehutchison]

Didn’t we have a better deal through the EU ? Will it make our workers better gone, no more X-trail produced here and Hitachi deciding to pull out of building a billion pound let’s not forget that No Deal will mean 10% done lads and you believed the this was all project fear”! No, this is reality.

[alanpacka]

Unsung hero, well done again Liz we owe you

[tommab]

Good luck with CANZUK.
Japan is not the Anglo-Saxons.

[mrmorgan]

I love Japan and I regularly buy imported goods from there at over-inflated prices. This should mean cheap imports from one of the coolest countries on the planet. Yay!

[harveycoathanger]

Liz, would you mind telling the British Public what weapons trade is taking place with Russia!
British made weapons have been seen with Russian army personnel in the Ukraine.

[nigelfarang]

It is now known as the James Bond deal!
007!

[dvidclapperton]

I bet the value of the UK-Japan trade deal comes to nowhere near the value of the EU-Japan trade deal let alone exceed it (it's most likely 1/20th of the EU's trade deal with Japan), so the EU are not so desperate for the money from the UK for the whole of the ￡39.6bn divorce payment it has to pay in full by law for leaving the EU just to stay afloat.

The EU probably not desperate for the whole of the ￡39.6bn from the UK's divorce payment paid in full evrn without their trade deal with Japan. The EU have big value trade deals with the rest of the world anyway.

[importanceofbeinglearned]

6/10 see you around school sometimes we dont talk that much pu more x