Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The UK has agreed its first major post-Brexit trade deal after securing an agreement with Japan which both sides hope will significantly boost trade between the two countries.
Critics say that such deals are unlikely to replace the value of lost trade if Britain leaves the EU with no trade agreement in place — the total value of trade between the UK and EU in 2019 was £673 billion pounds in 2019.The UK has agreed its first major post-Brexit trade deal after securing an agreement with Japan which both sides hope will significantly boost trade between the two countries.
Truss said the agreement with Japan went "far beyond" the trade deal between the EU and Japan — to which the UK was a signatory as an EU member. The total value of trade between the UK and Japan last year was £31.6 billion, according to British government figures. The trade department said it expected the deal to boost trade by £12.5 billion.
The prospect of such an outcome appeared to increase dramatically this week when the British government confirmed its plan to break international law by changing parts of the Withdrawal Agreement it signed last year.Allie Renison, head of Europe and trade policy at the Institute of Directors, welcomed the Japan deal and said the government should now focus on securing further continuity deals with countries including Canada and Turkey, as well as the EU itself.
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