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Brexit round-up – 14/08/20

Welcome to this, our latest Brexit round-up. Each week we provide a succinct round-up of the latest news surrounding the Brexit process, so you can keep abreast of the issues which are likely to affect your organisation.

Progress for UK-Japan trade talks

The UK and Japan said that they had made progress during the two days of face-to-face talks in London and hope to agree the details of a trade agreement by the end of the month. Japanese Foreign Minister Toshimitsu Motegi said there was “substantial” agreement in most areas and it is reported that agriculture is the last point to be agreed upon. International Trade Secretary, Liz Truss, said “We have reached consensus on the major elements of a deal – including ambitious provisions in areas like digital, data and financial services that go significantly beyond the EU-Japan deal. Our shared aim is to reach a formal agreement in principle by the end of August.”

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New Zealand is “very frustrated” over trade talks

Following the first round of trade negotiations with New Zealand via video link last month, New Zealand’s deputy prime minister Winston Peters has said that he is “very frustrated” with the pace of post-Brexit trade talks with the UK saying the UK’s EU membership had not left it “match fit” to negotiate its own agreements around the world. In contrast, a spokesperson for the Department for International Trade said “The first round of talks with New Zealand were positive and productive.  We’re a step closer to reaching a comprehensive trade deal to boost trade and investment between our like-minded economies. DIT is focused on securing free trade agreements that secure benefits for every region and nation of the UK and talks are up and running.”

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If you have any questions about any of the issues which are raised, or would like to discuss your own organisation’s options during the Brexit process, please do not hesitate to get in touch.

Please note that this briefing is designed to be informative, not advisory and represents our understanding of English law and practice as at the date indicated. We would always recommend that you should seek specific guidance on any particular legal issue.

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