Briefing Paper 50 – THE UK-JAPAN COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT: LESSONS FOR THE UK’S FUTURE TRADE AGREEMENTS
Written by: Minako Morita-Jaeger, Yohannes Ayele
The UK-Japan Comprehensive Economic Partnership Agreement has been presented by the UK Government as the first Free Trade Agreement (FTA) for the UK as an independent trading nation. This Briefing Paper provides an analysis of this new agreement in relation to the Japan-EU EPA and draws two major lessons for the UK’s future free trade agreements. First, the authors find that it mostly replicates the Japan-EU EPA, with the UK failing to break new ground after independence from the EU trade regime. Second, they argue that substantive and inclusive policy discussions with a range of stakeholders need to take place to enable public scrutiny and discussion of the implications of policy positions, before negotiating with trade partners.
Read Briefing Paper 50: The UK-Japan Comprehensive Economic Partnership Agreement: Lessons for the UK’s future trade agreements