Japanese ambassador says he “hopes” EU-Japan trade deal will be applicable to UK in Brexit transition period
Chinese ambassador says stringent Tier 2 visas, in particular wage floors, are a challenge for future trade deals
Japanese ambassador asked if the issues pushed in its September 2016 memo (revealed by @Skynews) have been addressed:
“That was close to 2 years ago, and we are waiting”..
Also says: “We worked through summer..gave up our holidays” to get that ready 3 months after Brexit vote”
“That was close to 2 years ago, and we are waiting”..
Also says: “We worked through summer..gave up our holidays” to get that ready 3 months after Brexit vote”
Japanese ambassador on Brexit WTO option:
Says it doesn’t cover data, doesn’t cover protection of cross border supply chains, limited intellectual property - “Can’t just rely on rules made 20 years ago”.
Says it doesn’t cover data, doesn’t cover protection of cross border supply chains, limited intellectual property - “Can’t just rely on rules made 20 years ago”.
Japanese Ambo: UK is a very excellent place to do business, Japanese companies cherish their place in community...
Ambassador: “... but Japanese firms are envisaging the possinbility of difficulties, no manufacturing firm that I know, not just Japan, has expanded the capacity since the referendum, because the uncertainty is there. They cannot expect more car sales to Europe...”
Japanese ambassador asked about Nissan and Honda: “Already 80-90% of their production is going to EU market, if there are tariffs, if there are procedures, that certainly will be in jeopardy”.
Goes on to praise the innovation framework in UK and the ability for example to do driverless car testing - said it would be very difficult to do in Japan
