The Conclusion Of Trade Agreement With Japan Is One Of The Most Important Tasks Of Britain After Europe.

According to the financial times, reaching a trade agreement with Japan is one of the most important tasks of the United Kingdom after the European Union's departure from Europe, and its importance is equivalent to that of the European Union and the United States.

Britain and Japan are negotiating a post EU trade agreement. Britain aims to continue its trade relationship with Japan as a member of the European Union. However, Japan has been opposed to this duplication. Japan believes that it can reach a better bilateral trade agreement with the EU. Liz Truss, the UK's minister of international trade, announced that he hoped to sign a new free trade agreement with Japan as soon as possible, and said that enterprises need not worry because the two countries have reached a consensus on a strong agreement.

Sam Lowe, a trade expert at the European Centre for reform, said that the United Kingdom is positive in establishing a comprehensive free trade agreement with Japan. In terms of economy, Japan is a larger economy than Australia and New Zealand, and has a relatively large impact on Britain. Politically speaking, Japan regards Britain as a betrayal of Britain after its long investment in the British economy. Therefore, it is very important for the UK to place Japan in the forefront of trade agreements and to show its determination to Japan. However, it is very difficult for Britain and Japan to make rapid progress in trade agreements, because Japan is a trade protectionist country that should hope to reduce exports to Japan.

David Henig, former official of the Department of international trade, said the British government will find it difficult to negotiate free trade with major world economies simultaneously. The British side's attitude is slightly negative compared with that of the US actively seeking a trade agreement with the United Kingdom. The United States and the European Union play an important role in the British economy and trade. However, the United Kingdom now puts Japan among the top priorities. David Henig said it was not sure whether the move was in line with the actual benefits.