Ja­panese min­is­ter to visit Bri­tain for ‘dif­fi­cult’ trade talks

The Star Malaysia - StarBiz - - Foreign News -

TOKYO: Ja­panese For­eign Min­is­ter Toshim­itsu Motegi will visit Bri­tain this week for what he said will be dif­fi­cult talks with Bri­tish Trade Min­is­ter Liz Truss, in the hope of find­ing mid­dle ground and con­clud­ing a post-brexit trade deal.

“It is in­dis­pens­able to swiftly form a frame­work for trade and in­vest­ment be­tween Ja­pan and Bri­tain that will re­place the Ja­panEU EPA to en­sure the smooth con­tin­u­a­tion of bi­lat­eral busi­nesses,” Motegi told re­porters yes­ter­day, re­fer­ring to an eco­nomic part­ner­ship agree­ment with the EU.

The two coun­tries hope to clinch a deal be­fore Bri­tain’s tran­si­tion out of the Euro­pean Union con­cludes at the year end, to avoid any gaps in bi­lat­eral trade ar­range­ments.

Motegi’s Aug 5-7 visit to Bri­tain will be the first over­seas trip for any Ja­panese gov­ern­ment min­is­ter since the global spread of the novel coro­n­avirus, he said.

“Dif­fi­cult ne­go­ti­a­tions such as this, where na­tional in­ter­est is at stake, can­not be con­ducted over the tele­phone,” he told a reg­u­lar news con­fer­ence.

“We will ne­go­ti­ate face-to-face. I’m afraid ne­go­ti­a­tions will last many hours, but I would like to find mid­dle ground and reach an agree­ment.” — Reuters

Trade move: Motegi plans to hold talks with Bri­tish of­fi­cials on form­ing a frame­work for trade and in­vest­ment be­tween the two coun­tries to re­place the Ja­pan-eu one. — Reuters

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