Trade Agreements: Japan

(asked on 11th November 2020) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, what steps her Department has taken to ensure that SMEs in Sussex can benefit from the UK-Japan Comprehensive Economic Partnership Agreement.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 20th November 2020

The Comprehensive Economic Partnership Agreement (CEPA) impact assessment shows that all parts of the United Kingdom could benefit from the CEPA. Output in the South East could increase by 0.07%, equivalent to £177 million in 2017 terms.

CEPA could benefit farmers and food producers in Sussex through lower tariffs than would have been the case without an agreement. It also allows more UK goods to access preferential tariffs than the EU-Japan Agreement, thanks to new rules of origin. New protections for more iconic South East products such as English sparkling wine or Kentish Ale goods may also be possible.

The CEPA contains a dedicated Small and Medium-Sized Enterprise (SME) chapter to ensure that SMEs are provided with the tools and resources necessary to seize the opportunities of exporting to Japan.

The Department for International Trade (DIT) works closely with all United Kingdom business and wider stakeholders to address their interests including through our Trade Advisory Groups. DIT’s International Trade Advisors are already engaging with SMEs in the South East about benefits and opportunities of this agreement.

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