Gareth Davies MP discusses Lincolnshire's trade opportunities following Japan deal
Gareth Davies MP discusses Lincolnshire's trade opportunities due to Japan deal in his latest column:
As regular readers of my column will know, I believe there are great opportunities ahead for our county, but it is vital that we see more investment in our infrastructure, in our people and in our towns. One of the ways we can prosper as a county is for our many local businesses to be able to branch out and trade across the world, and to do this our government needs to forge ambitious new trade deals.
Fortunately, a major step took place this week with a breakthrough trade deal between the UK and Japan signed and sealed. It will ensure 99 per cent of our country’s exports to Japan are completely tariff free. With one in 10 small exporters hoping to sell to the Japanese market, this trade deal will deliver in creating new jobs at a time we need them most. Government estimates suggest it will boost trade by £15.2 billion and increase wages by £800 million.