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00:00:02
>> Britain's Prime Minister has touched down in Japan, and Bexit is firmly on Theresa Mays agenda. On a three day trip, she'll reassure Japanese investors that the UK economy will flourish after the divorce from the EU. Reuters William James, is there.>> What we've learned so far on this trip, is that Britain wants to try and replicate the trade deals that the European Union already has with other countries.
00:00:25
Countries like Switzerland, South Korea, and almost cut and paste those into a British trade deal with those countries. This is in keeping with the theme that Britain has been developing in terms of its Brexit negotiations of keeping things pretty much the same. And then giving themself the option to change them later on.
00:00:43
In terms of what she's here for, the Prime Minister is here to reassure Japanese businesses, Japanese politicians that Brexit is not going to change the game. It's only going to change the reasons for investing in Britain and also for Britain investing in Japan.>> May's government has pushed this freedom of creating its own trade deals as a major benefit of the split.
00:01:01
But businesses have repeatedly voiced concerns about how this would work, and Euro sceptics have criticized this attitude they want to make a clean break. It's also unclear how easily or how quickly an already stretched British Civil Service could transpose EU deals into bilateral trade agreements. The EU is currently finalizing its own deal with Japan, May says she's pushing for this trade agreement to be completed.
00:01:27
Then she can use that as a model for future British-Japanese arrangements.