Beyond Brexit—UK-Japan Comprehensive Economic Partnership Agreement secured

Beyond Brexit—UK-Japan Comprehensive Economic Partnership Agreement secured

The UK-Japan Comprehensive Economic Partnership Agreement was ‘agreed in principle’ via a video conference call between International Trade Secretary, Liz Truss, and Japanese Minister for Foreign Affairs, Motegi Toshimitsu, on 11 September 2020. The Department for International Trade has announced that the agreement, which is the ‘UK’s first major trade deal as an independent trading nation’, ‘goes far beyond’ the EU-Japan Economic Partnership Agreement, as it guarantees ‘a competitive advantage’ for businesses in the manufacturing, food and drink, and tech industries. Professor Thom Brooks of Durham University and Professor Adam Cygan of Leicester University comment on the development.

What happens next?

‘Over the coming months’, the UK will finalise and ratify the UK-Japan Comprehensive Economic Partnership Agreement, as the government tries to establish independent trading relationships to take effect after the end of the transition on 31 December 2020.

For further details, see: LNB News 11/09/2020 79.

 

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About the author:
Mikaela is a Paralegal in the Lexis®PSL Public Law team. She read law at King’s College London and obtained her LLM from University College London. With legal knowledge and experience in multiple jurisdictions and practice areas, and a special interest in international commercial law, Mikaela has comprehensive knowledge of the legal sector’s needs. 

Since joining the Lexis®PSL Public Law team in 2019, Mikaela’s primary focus has been closely monitoring legal developments in the context of Brexit. She also provides support on related subjects and content areas including Local Government and Information Law. Mikaela is involved in LNUK Thrive Wellbeing and Gender Equality Matters working groups and is a member of the LexisNexis Brexit Steering Group.