businessUpdated: Sep 11, 2020 14:16 ISTBritain struck its first post-Brexit trade deal with Japan on Friday, hailing the agreement as a “historic moment”, just as it is struggling to clinch a deal with its closest trading partners in the European Union. Britain said the deal, which had been agreed in principle, meant 99% of its exports to Japan would be tariff-free. Digital and data provisions in the agreement went “far beyond” those in the EU’s trade deal with Japan, helping British fintech firms operating in the Asian country, it said. The political changes could include replacing Japan’s Foreign Minister Toshimitsu Motegi, who leads on trade negotiations. Motegi said on Friday the aim was to have the trade deal with Britain come into force in January.

Source: Hindustan Times September 11, 2020 08:46 UTC