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Ellie Newis reviews two of the flagship free trade agreements that were supposed to reignite the UK economy.
‘Asia is taking us to the cleaners’: Emily Thornberry destroys new trade deals in the Commons
21/10/2021
"This is now the third Asia-Pacific agreement in a row where more than 80 per cent of the projected growth in trade has gone to exporters in those other countries," she said.
£1.5bn GDP boost from UK-Japan trade deal is not on top of existing EU-Japan deal benefits
15/09/2020
These estimated benefits are relative to 2018 when the UK (as part of the EU) had no FTA with Japan.
‘Current restrictions on European data to stop lightly regulated transfers to the USA, would disappear’
All trade deals combined worth less than 50p per person a year, analysis of government figures shows.
Negotiations hit snag as trade secretary Liz Truss insists on preferential treatment for Britain’s blue cheese makers.
Doubts are growing in Whitehall that a UK-Japan trade deal will be completed by next week’s deadline, despite Downing Street saying just yesterday the target would be met.
Government accused of ‘failure and broken promises’, as exports set to slump next year.
No 10 had ‘change of attitude’ after pressure from business, says commissioner.
However, disenchantment with Brexit has been one of the most notable trends of 2022 with a feeling that it has not lived up to the promises made at the time of the referendum. / Two thirds or 65% of British people think Brexit has gone badly compared to just 21% who think it has gone well according to an Opinium survey in early December.
Despite hopes for a good free trade deal with Japan, the United Kingdom is unlikely to improve on the recent agreement between Tokyo and Brussels, and could end up worse off, experts say.
A survey found that 67% felt the public receives too little information from ministers about trade deals. / More than two-thirds of the UK public feel “left in the dark” about the impact that post-Brexit trade deals struck by the Government will have.
Trade: First year of the EU-Japan Economic Partnership Agreement shows growth in EU exports - European Commission
31/01/2020
1 February 2020 marks the first anniversary of the entry into force of the EU-Japan Economic Partnership Agreement (EPA). In the first ten months following the implementation of the agreement, EU exports to Japan went up by 6.6% compared to the same period the year before.
A CROSS-party group of MPs has condemned the Government for refusing to spell out the privacy risks in the proposed UK-Japan trade agreement.
Should the aim be limiting damage or designing a bold future? / Japanese negotiators remain skeptical about the U.K.’s ability to handle multiple FTA negotiations simultaneously / What is evident, however, is that no country wants to conclude a definitive trade deal with the U.K. without knowing the final shape of the EU-U.K. partnership.
Sam Bright summarises the key issues with the UK’s attempts to forge new economic alliances after leaving the world’s largest trading bloc.
Soy sauce won’t be cheaper in UK after Brexit, just the same price, Government clarifies after Bake Off tweet
28/10/2020
The Department for International Trade has wrongly described the condiment as ‘soya sauce’ throughout
UK’s recent narrow understanding of sovereignty belongs to a receding Trumpian world.
The one that was so much better than the EU-Japan deal because the names of 70 British products would now be protected?
Post-Brexit trade deal: Why Stilton cheese is causing a stink in negotiations between the UK and Japan
11/08/2020
Trade Secretary Liz Truss is hoping a win for Stilton would leave Britain in better stead after leaving the EU.