UK Strikes Agreement With Japan in Securing First Major Post-Brexit Trade Deal

The UK-Japan Comprehensive Economic Partnership Agreement was agreed in principle by International Trade Secretary Liz Truss and Japan Foreign Minister Motegi Toshimitsu during a video call on Friday.

It builds on the broad EU-Japan deal that came into effect last year, but which will no longer apply to Britain from December 31.

Britain left the EU in January but agreed a standstill transition until the end of the year — and is racing to strike both replica and new trade agreements before that date.

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