Home International JAPANS FOREIGN MINISTER TO TRAVEL TO BRITAIN FROM WEDNESDAY FOR TRADE DEAL

JAPANS FOREIGN MINISTER TO TRAVEL TO BRITAIN FROM WEDNESDAY FOR TRADE DEAL

JAPANS FOREIGN MINISTER TO TRAVEL TO BRITAIN FROM WEDNESDAY FOR TRADE DEAL

Japanese foreign minister, Toshi-mitus Motegi says he will visit Britain later this week for late-stage discussions on a trade deal that both countries want to finalize this year.

Motegi would be the first member of Prime Minister Shinzo Abe’s cabinet to travel overseas since the start of the COVID-19 pandemic.

He would be travelling from Wednesday to Saturday for a meeting with International Trade Secretary, Liz Truss and Foreign Secretary, Dominic Raab.

Both parties seeks to build on the existing Japan-EU free trade agreement that Britain will leave when the transition period for its exit.

Motegi said the two countries need to reach an agreement to secure time for both countries to wrap up domestic procedures for it to come into force from January 1.

The two countries launched negotiations in June, with Tokyo looking to scrap auto tariffs as soon as possible, while London wants benefits for its financial services and textile industries.