A free trade agreement between the UK and Japan has been secured in principle.
The International Trade Secretary Liz Truss said it is Britain’s first major deal as an independent trading nation and it will increase commerce with Japan by an estimated £15.2 billion.
The UK-Japan Comprehensive Economic Partnership Agreement was agreed in principle by Truss and Japan’s foreign minister, Motegi Toshimitsu, in a video call on Friday.
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.”
"From our automotive workers in Wales to our shoemakers in the North of England, this deal will help build back better as we create …