{"id":195260,"date":"2023-10-26T05:28:54","date_gmt":"2023-10-26T05:28:54","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195260"},"modified":"2023-10-26T05:28:54","modified_gmt":"2023-10-26T05:28:54","slug":"brexit-win-as-badenoch-strikes-deal-delivering-130m-boost-to-uk-economy","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/politics\/brexit-win-as-badenoch-strikes-deal-delivering-130m-boost-to-uk-economy\/","title":{"rendered":"Brexit win as Badenoch strikes deal delivering \u00a3130m boost to UK economy"},"content":{"rendered":"

Badenoch hails CPTPP trade deal<\/h3>\n

Kemi Badenoch is poised to unveil a deal worth more than \u00a3130million to the UK economy during her trade mission to Japan in advance of forthcoming the G7 summit.<\/p>\n

The International Trade Secretary has vowed to capitalise on the benefits of membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trading bloc.<\/p>\n

The mission, focusing on the luxury fashion products manufactured by prestigious designers such as Christy\u2019s and Freya Rose – is the first to be led by Ms Badenoch\u2019s ministry since 2017.<\/p>\n

She said: “I’m delighted to be travelling to Japan with iconic British brands to bang the drum for UK business, and help more companies take full advantage of the opportunities on offer from our free trade deals such as the UK-Japan agreement and CPTPP.<\/p>\n

“The G7 trade summit gives me the opportunity to continue to champion free and fair trade on behalf of UK PLC, helping remove barriers to trade, strengthen supply chains and ensure the global trade rules work for British businesses.”<\/p>\n

READ MORE: <\/strong> EU treaty plan ‘will make small nations vassals of Germany\u2019[INSIGHT] <\/strong><\/p>\n

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The British delegation today met with Japanese fashion buyers with support from the UK Government and will showcase their products – ranging from hand-painted scarves to lab-grown jewellery – at the British Embassy in Tokyo to high-profile Japanese influencers including Yu Masui.<\/p>\n

The visit is intended to increase exports of UK luxury brands to the Japanese market and is part of the Business and Trade Secretary\u2019s push to bring the value of UK goods exported to \u00a31trillion by 2030.<\/p>\n

In 2022, UK fashion goods exports to Japan totalled \u00a3133million, which the department had pledged to boost further.<\/p>\n

Ms Badenoch will also represent the UK at the G7 Trade Ministerial Meeting in Osaka, starting on Saturday, where she will once again signal her commitment to free and fair trade, as well as discuss the challenges which the various countries face in diversifying supply chains to meet the needs of the future.<\/p>\n

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