U.K. Signs Trade Deal With Japan as Brexit Talks Heat Up

  • Truss says pact proves ‘naysayers’ wrong about U.K. trade
  • Agreement comes amid signs of progress on U.K.-EU Brexit deal
WATCH: U.K. Trade Minister Greg Hands comments on the deal signed by International Trade Secretary Liz Truss and Japanese Foreign Minister Toshimitsu Motegi.Source: Bloomberg
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The U.K. signed a trade deal with Japan on Friday, its first with a major economy since Brexit, as the clock runs down on British efforts to reach an agreement with the European Union by the end of the year.

In a ceremony in Tokyo, U.K. International Trade Secretary Liz Truss and Japanese Foreign Minister Toshimitsu Motegi put their names to the pact, which was reached in principle in September, about three months after formal negotiations began.