This trilateral trade and investment relationship is the result of the engagement of Japanese and Uk companies in global value chains and supply chains in Europe. This trilateral relationship is particularly important for the Japanese economy. As everyone knows, since the 1980s, Japanese companies have implemented a business model in Europe that uses the UK as a hub for business in Europe or as a gateway to the EU market. This business model was conditional on Britain being an EU member state. In other words, the free movement of goods, services, people and capital within the framework of the EU customs union and the internal market was taken for granted. For example, civil society organizations that have expressed concern about data protection and data protection standards can create anti-FTA sentiment by ignoring the legal gap line between non-commercial stakeholders. The UK Government should carefully consider provisions that differ between the EU-Japan EPA and the CPTPP or provisions of the CPTPP that are not addressed in the EU-Japan EPA. [26] Although the political incentive for the implementation of the free trade agreement is intensifying on both sides, there is no in-depth multidisciplinary analysis that covers the overall picture of the negotiations. The purpose of this paper is to examine the issues that we should consider when assessing its value.

First, I say that there are two key issues at stake in these negotiations. I will then talk about what needs to be prioritized in order to make the japan-UK free trade agreement ambitious, taking into account the short period of unprecedented negotiations. Finally, I address other outstanding issues and propose a possible mechanism to deal with outstanding tasks in order to make the agreement truly valuable in the long term. The two governments are currently negotiating an agreement that prioritizes “continuity,” as high-level political pressure to achieve “continuity” grows. The British government recently acknowledged that a free trade agreement between Britain and the US would not be concluded until this autumn`s US presidential election, despite a strong desire to make it a central part of the Global Britain agenda. [4] As a result, the conclusion of a trade deal with Japan, the world`s third-largest economy, is expected to be britain`s first major free trade agreement after Brexit. . . .