By Iain Fraser - Geopolitical Journalist
Málaga Press & Technology Centre
Britain has secured its first big post-Brexit trade deal with Japan which it has lauded as “historic” as it continue to struggle to agree any trade pact with its closest trading partners in the European Union.
Since formally leaving the EU in January, Britain has focused on negotiating new trade deals with countries around the world although experts say they are unlikely to replace exports lost to the EU if a deal cannot be reached with Brussels.
In an announcement on Friday [11th. September 2020] British trade minister Liz Truss said “This is a historic moment for the UK and Japan as our first major post-Brexit trade deal” “The agreement we have negotiated - in record time and in challenging circumstances - goes far beyond the existing EU deal, as it secures new wins for British businesses in our great manufacturing, food and drink, and tech industries.”
The deal had been widely seen as one the easiest within reach for London, based largely on the EU-Japan agreement which covers Britain until the end of December, when the Brexit transition period expires.
About Iain Fraser
Iain Fraser is a Geopolitical Journalist & Risk Analyst based in Malaga City, Spain. He is currently interim CIO at Argus News Group and Consultant Editor at GEOPoliticalMatters.com as well as being an authority contributor to various websites and magazines across the Defence, Cybercrime & European Political sectors. More on LinkedIn
