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Trade Secretary Liz Truss announced this morning the UK has reached a trade agreement with Japan’s Minister for Foreign Affairs Toshimitsu Motegi. She added she has signed a UK-Japan Comprehensive Economic Partnership Agreement. She tweeted: “I’ve just signed the UK-Japan Comprehensive Economic Partnership Agreement with @moteging. It shows what our country can achieve as an independent trading nation. Global Britain is just getting started.”
The Government has said the agreement will boost trade with Japan by £15.2bn over the next 15 years.
UK businesses will also benefit from tariff-free trade on 99 percent of exports to the country.
This comes after EU’s chief trade negotiator Michel Barnier said he wanted to make “every day count” after he flew to London yesterday to resume talks with his UK counterpart David Frost.
Downing Street has earlier warned there was no point resuming discussions until the EU changed its stance.
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