Japanese Trade Deal worth £15bn

Earlier this week, the Government made a trade deal with Japan, this deal is worth £15bn and is exactly what is needed for our country as we leave the EU.

Some key benefits of this deal include; cutting-edge digital & data provisions, better market access for UK financial services, tariff-free access for more UK goods. There will also be new protection for iconic UK goods and the creative industries. This deal also ensures improved mobility for business people so that British and Japanese companies can move more freely. It gives strong chances of the UK joining the Trans-Pacific Partnership (CPTPP), which will open up 11 key Pacific markets. In additio to this, the deal supports UK car and rail manufacturing, provides a more generous market access for malt producers and will create tariff reductions for pork and beef exports.

If you'd like to read more on the agreement, head to the Government website.