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the UK and Japan they found a post-Brexit deal.
A decidedly important news given the difficulty found by London and Brussels when making compromises.
The question came up spontaneously: what it provides the post-Brexit deal between the UK and Japan, reached without critical issues?
What the post-Brexit deal with Japan brings
According to the British Department of Commerce, the post-Brexit agreement with Japan will allow eliminate tariffs on 99% of exports towards the Asian country.
At the same time, the agreement will have the potential to increase trade between the two economies of $ 19.5 billion (about 15.2 billion pounds).
The UK’s first post-Brexit deal will also include related provisions “Data and digital” that will support the flow of data while maintaining high standards of protection.
Strategic agreement: when will it come into force?
A Historic moment. So Liz Truss, UK Trade Secretary, commented on the post-Brexit trade deal with Japan.
“Strategically, the agreement represents an important step towards joining the Trans-Pacific Partnership and places the UK at the center of a network of modern free trade agreements with friends and allies who think the same way. “
Almost no tariffs and increased trade – this is what the UK-Japan deal provides. The first post-Brexit trade deal will obviously have to be approved by the parliaments of both countries and, if all goes according to plan, it will go into effect in end of the year.
