Speaking in an interview with the Financial Times at his official residence in Tokyo, Mr Abe said the UK would lose its role as a gateway to Europe after Brexit, but would still be a country “equipped with global strength”.
His remarks will encourage Brexit supporters in the UK who see new opportunities for free trade outside the EU while turning up the pressure on Brussels and London to strike a timely exit deal.
The TPP is a wide-ranging trade agreement between 11 Pacific countries, including Japan, Vietnam, Malaysia, Canada, Mexico and Australia. It originally included the US but one of Donald Trump’s first acts as president was to withdraw from the pact.
Joining would be a way for Britain to strike new free-trade deals with a large and fast-growing chunk of the world economy. However, it would only be possible if the UK was to leave the EU customs union and gain the power to set its own tariffs. [...]
Full article on Financial Times (subscription required)
© Financial Times
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article