Hunt will be telling Toyota that Britain wants to ensure a tariff-free trade trade deal with the EU. What are we missing here? The only way to the EU is going to agree to a tariff-free deal is if Britain remains to be in the EU.

On Monday, British foreign minister Jeremy Hunt sought to reassure Japanese carmaker Toyota that the British government is focused on avoiding a no-deal Brexit and ensure tariff-tree trade between the EU and Britain.

Hunt is scheduled to meet Japanese Prime Minister Shinzo Abe and Toyota representatives during a visit to Japan; this would provide him an opportunity to present the latest developments vis-a-vis Brexit.

“The UK has always been an outward-looking, global power. That cannot change after Brexit. I look forward to our relationship with Japan getting even closer in the years after we leave the EU,” said Hunt in a statement before the meetings.

Significantly, the statement also mentioned that he would be discussing Toyota’s recently announced plans to build a new car with Suzuki in Britain. Hunt wants to also “reassure them that UK Government is focused on avoiding a no-deal Brexit and on agreeing a deal which that will ensure tariff-free frictionless trade between the EU and the UK”.

Hunt is also slated to meet Japanese telecommunications giant NTT DoCoMo.

Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy, Sustainability

Tags: Brexit, Britain, British, carmaker, deal, EU, European Union, Foreign Minister, frictionless trade, Japan, Japanese, Jeremy Hunt, Prime Minister, reassurances, relationship, Shinzo Abe, Suzuki, tariff-free, Toyota Motor, trade trade, UK, United Kingdoms