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The EU has in place, or is negotiating, trade agreements with countries and regions around the world.
Ellie Newis reviews two of the flagship free trade agreements that were supposed to reignite the UK economy.
Government accused of ‘failure and broken promises’, as exports set to slump next year.
Respondents cite new procedures and paperwork among negatives of breakup.
The one that was so much better than the EU-Japan deal because the names of 70 British products would now be protected?
I see its "this trade deal is going to be really amazing / bad" morning, and I need to summon all my centrist trade energies in the hope a few people might see through the hype both ways and realise that UK joining CPTPP doesn't make that much impact any which way.
Looks like there will be disinvestment by Japanese companies in UK financial services sector for 2021 too. Nomura International PLC has just notified Companies House that they have reduced their capital from US$11.2bn to $3.2bn.
The UK will be told to lift its ban on hormone-treated beef to achieve its post-Brexit dream of joining a key trade bloc, a leaked government memo suggests.
The number of Japanese firms in the UK fell by 12 percent between 2014 and 2019. / Brexit drove a shift in Japanese firms out of the U.K. and toward continental Europe, a report shows.
The prime minister has imperilled peace in Northern Ireland, and every day the economic fallout worsens.
So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...
Brexit has damaged the UK's position as a gateway to Europe for imported goods and increased red tape.
The foreign secretary flew at our expense to lie to young students in Japan, in order to appeal to old Tories at home.
"It is correct to say that Japan has just opened its market to UK lamb imports. But the government's own estimate of the potential worth of the agreement suggests it will be a drop in the ocean compared with current UK lamb exports to the EU."
'It is hard to predict how full Brexit would play out, because this scale of multiple simultaneous renegotiations of global trade agreements is unprecedented – and no country has ever left the EU. It certainly can’t be assumed that Britain is bound to get quick and good deals because it is a large economy.'
The number of UK-based Japanese firms fell by 12 per cent from 1,084 in 2014 to 951 in 2019, with most of the drop occurring during the politically tumultuous period following the Brexit referendum in June 2016.
These estimated benefits are relative to 2018 when the UK (as part of the EU) had no FTA with Japan.
Real pay set to be £470 lower per worker each year, say top economists. / “We can’t blame Brexit for all of the 5.2 per cent GDP shortfall … but it’s apparent that Brexit is largely to blame,” said John Springford, author of the CEF study.
US, European, Japanese and Chinese patients could get novel medicines ahead of patients in the UK after Brexit, the CEO of French pharma Ipsen has said in an interview.
The number of Japanese companies and their employees in the UK is starting to decline. Given that this is against the trend elsewhere in Europe, it is hard to avoid the conclusion that this is a reaction to Brexit.
New Tory MPs have promised to transform the region, but its greatest threat will come in days, when Britain leaves the EU.
While Boris Johnson, the likely successor to British Prime Minister Theresa May, takes his country down a path of diminished trade, the European Union is negotiating one of the largest free-trade agreements in the world. One really has to wonder what the "buccaneering" Brexiteers have to complain about.
Voters promised a Brexit boon will consider bid to keep Nissan and Toyota as ‘ridiculous’, prime minister warned.