UK-Japan free trade agreements sector explainers

Written by BCCJ
December 16, 2024

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Written by BCCJ
December 16, 2024

The UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) marks a significant achievement, granting the UK access to a dynamic trade bloc of 11 nations, including Japan, Canada, and Australia. This partnership opens up vast opportunities by reducing tariffs, enhancing trade in services, and facilitating investment. The agreement aims to strengthen economic ties with the Indo-Pacific region, offering UK businesses access to markets worth £12 trillion combined.

This page provides guidance on UK-Japan trade agreements, specifically the UK-Japan Comprehensive Economic Partnership Agreement (CEPA) and the CPTPP. It covers details on tariffs, customs, digital trade, investment, and government procurement. The agreements reduce trade barriers and enhance market opportunities for UK businesses trading with Japan.

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