TOKYO – British International Secretary Dominic Raab and his Japanese counterpart agreed Saturday to hunt an “bold, excessive normal” commerce accord matching Japan’s settlement with the EU.
Raab is on a four-nation Asian tour in his first main abroad journey since Britain left the European Union on January 31 after 47 years of membership.
He arrived in Tokyo Saturday morning from Australia on a two-day go to and held talks with Japanese International Minister Toshimitsu Motegi in Tokyo.
“According to our dedication to free commerce, we’ll work shortly to make the brand new partnership as bold, excessive normal and mutually helpful because the Japan-EU EPA,” the 2 ministers mentioned in a joint assertion.
Their deliberate bilateral commerce accord would “ship a really highly effective sign of our shared dedication to free, rules-based commerce,” Raab informed reporters.
Motegi mentioned preparations had been underneath method for formal negotiations on a Japan-Britain free commerce partnership.
“We agreed that we are going to begin and conclude the negotiations as early as potential,” he added.
In 2018, Japan and the EU struck a commerce deal overlaying greater than 630 million folks and economies that add as much as round a 3rd of worldwide output.
They started negotiations in 2013, two years after agreeing to begin talks.
Following Brexit, Britain is hoping to barter a brand new commerce deal not simply with Brussels but in addition the US, Japan and different international locations.
Raab can be heading to Singapore and Malaysia.