UK and Japan agree on need to work together to lower trade barriers - Finance news and analysis from Global Banking & Finance Review
Finance

UK and Japan agree on need to work together to lower trade barriers

Published by Global Banking & Finance Review

Posted on April 10, 2025

1 min read

· Last updated: April 10, 2025

Add as preferred source on Google

UK and Japan Collaborate on Reducing Trade Barriers

LONDON (Reuters) - British Prime Minister Keir Starmer and his Japanese counterpart Shigeru Ishiba agreed on the need for like-minded countries to work together to lower trade barriers, Starmer's office said following a call between the two leaders on Thursday.

"On trade, the leaders agreed that a trade war does not benefit anyone, and that now is the time for a cool, calm and pragmatic approach," Downing Street said in a readout.

"They agreed on the importance of like-minded partners such as the UK and Japan to work closely together to lower trade barriers."

(Reporting by Sachin Ravikumar; Editing by Ros Russell)

Key Takeaways

  • UK and Japan agree on the need to lower trade barriers.
  • Leaders emphasize a pragmatic approach to trade.
  • Trade wars are seen as non-beneficial.
  • Importance of collaboration between like-minded countries.
  • Discussion took place between Keir Starmer and Shigeru Ishiba.

Frequently Asked Questions

What is the main topic?
The main topic is the agreement between UK and Japan to work together to lower trade barriers.
Why is lowering trade barriers important?
Lowering trade barriers is important to facilitate smoother international trade and economic cooperation.
Who are the leaders involved in this agreement?
The leaders involved are UK Prime Minister Keir Starmer and Japanese Prime Minister Shigeru Ishiba.

Related Articles

More from Finance

Explore more articles in the Finance category