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Japan Free Trade Agreement

14 September 2020

Lead MP

Elizabeth Truss

Debate Type

Ministerial Statement

Tags

EconomyBrexitBusiness & TradeAgriculture & Rural Affairs
Other Contributors: 44

At a Glance

Elizabeth Truss raised concerns about japan free trade agreement in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

EconomyBrexitBusiness & TradeAgriculture & Rural Affairs
Government Statement
I am delighted to announce that last Friday we reached agreement in principle on a free trade deal with Japan. This comprehensive economic partnership agreement will drive economic growth and help level up the UK, benefiting tech firms through data freedom and net neutrality provisions, improving market access for financial services, and reducing tariffs on British goods such as biscuits, pork, malt, and cheese. The agreement recognises over 70 British food products in Japan, compared to just seven under the EU-Japan deal. It will strengthen ties with the world’s third-largest economy and pave the way for UK accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP). The deal has been subject to extensive consultation with businesses and stakeholders, and it will undergo thorough scrutiny before ratification by Parliament.

Shadow Comment

Emily Thornberry
Shadow Comment
While congratulating the Secretary of State on reaching this agreement, Emily Thornberry questions the specific benefits over the existing EU-Japan deal in terms of trade and GDP. She also asks for details about the impact on the farming sector if the EU tariff quota limit is reached, as well as the aerospace sector's comparative gains. Thornberry queries how Stilton cheese will be treated under this agreement compared to the EU-Japan deal and seeks clarity on provisions regarding state aid and public procurement. Noting that trade with Japan represents only 2.2% of UK’s global trade, she emphasises the importance of securing a deal with the European Union for maintaining free trade. Thornberry requests a commitment from the Secretary of State to bring the agreement back for a debate and vote once all documents are published.
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