Fourth anniversary of Brexit vote marked by trade deal optimism – five global trade stories today
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Posted by: William Barns-Graham
As we do early each morning, the content team at the Institute of Export & International Trade has today rummaged through the national news headlines to find key stories relevant to global trade.
We do this to give a wider perspective on how international trade is covered and perceived in the wider press, so that you don’t have to.
Below are five stories from this morning’s papers that caught our attention.
1. Trade deal optimism
Today (23 June) marks the four-year anniversary of the UK’s vote to leave the EU.
There is optimism that compromises can be made towards agreeing a trade deal before the transition ends on 31 December 2020, the FT yesterday reported.
“Diplomats confirm that there has been a shift in mood following the British prime minister’s virtual summit last week with EU chiefs,” the report says.
If a deal is not reached, the EU will not replicate the UK’s phased introduction of border controls for UK goods moving onto the continent, reports Lloyds Loading List.
2. Japan rushes UK
As an independent trading nation, the UK is now able to negotiate its own trade deals with other nations.
Talks with Japan began earlier this month but will need to be concluded quickly, report the Telegraph.
Japan is giving the UK just six weeks to complete a deal because it wants continuity between the