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Can Theresa May's Japan trip ease Brexit fears?

Wednesday, August 30, 2017 - 01:36

Britain's Prime says she's looking at ways to replicate the trade deals that the European Union has with countries outside the bloc when it exits the EU in March 2019.Theresa May is currently on a three-day trip to Japan where she's trying to allay investor fears about Brexit. Kate King reports.

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Nothing like a cup of tea to settle the nerves, as Theresa May tries to drum up trade with Japan and ease investors fears about the UK's split from the EU. SOUNDBITE (English) IG SENIOR ANALYST, CHRIS BEAUCHAMP, SAYING: "I think yes there are comments on how Japan would rather deal with the EU first and then look at Britain, but it's part of a message that you need to script to sell Britain abroad to make sure people understand the commitment Britain has to remaining a viable player within the global system." Tokyo's expressed its concern about Brexit's impact on its UK-based firms, which employ around 140,000 people. But Japan's also an important destination for British investment. On Wednesday Luxury car maker Aston Martin announced it will spend 500 million pounds on new operations in the country and step up exports and imports between the two countries. May has hailed that as a sign of economic strength. The EU is currently finalising its own deal with Japan And Britain is looking to replicate that - after it leaves the bloc in 2019. SOUNDBITE (English) IG SENIOR ANALYST, CHRIS BEAUCHAMP, SAYING: "The British government's attempts to maintain its relationship around the globe and I think to be fair it's still going relatively well on that front, it's it's an important part of what the prime minister has to do especially as tensions spring into rising Korea." Japanese attention has been firmly focused on North Korea's missile test, which means Trade and security will be the likely topics when May and Abe hold one-one talks on Thursday.

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Can Theresa May's Japan trip ease Brexit fears?

Wednesday, August 30, 2017 - 01:36