Brexit: Japan trade deal will not be ready by deadline

02/22/2019

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BBC

The UK won’t be able to roll over an EU trade deal with Japan in time for a no-deal Brexit, Trade Secretary Liam Fox has said.

It was one of the most important EU trade deals the UK hoped to replicate ahead of the 29 March withdrawal date.

The trade department also said it would not be able to roll over the EU’s customs union deal with Turkey on time.

In 2017, Mr Fox said the UK would be able to replicate 40 EU free trade deals by Brexit day.

But so far the department has only been able to finalize “continuity agreements” with seven of the 69 countries and regions with which the EU has trade deals.

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