UK, Japan Sign FTA

The United Kingdom and Japan officially signed a trade agreement (see 2009110022) that will take effect when the U.K. leaves the European Union Jan. 1, 2021. The U.K. on Oct. 23 issued a summary of benefits for U.K. businesses under the deal and a parliamentary report on maintaining the trade relationship after Brexit. Along with reducing tariffs, the U.K. said the deal addresses items including intellectual property rights, technical barriers to trade, sanitary and phytosanitary measures, dispute settlement and customs facilitation.