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After meeting May, Japan's Abe says world does not want no-deal Brexit

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After meeting May, Japan's Abe says world does not want no-deal Brexit

By Paul Sandle

 

2019-01-10T192629Z_2_LYNXNPEF091OO_RTROPTP_4_BRITAIN-EU-JAPAN.JPG

Britain's Prime Minister Theresa May greets Japan's Prime Minister Shinzo Abe in Downing Street in London, Britain, January 10, 2019. REUTERS/Toby Melville

 

LONDON (Reuters) - Japan's Shinzo Abe said on Thursday that the world did not want to see a disorderly Brexit and that he fully supported British Prime Minister Theresa May's withdrawal deal from the European Union now facing defeat in parliament.

 

Some of Japan's leading companies in Britain have warned that a no-deal Brexit could be a disaster. After meeting May in London, Abe said it was scenario no one wanted to see.

 

"It is the strong will of Japan to further develop this strong partnership with the UK, to invest more into the country and to enjoy further economic growth with the UK," Abe said through a translator at a news conference alongside May.

 

"That is why we truly hope that a no-deal Brexit will be avoided and, in fact, that is the wish of the whole world."

 

Japanese firms have spent more than 46 billion pounds in Britain, encouraged by successive British governments since Margaret Thatcher promising them a business-friendly base from which to trade across Europe.

 

The future of Brexit remains deeply uncertain - with options ranging from a disorderly exit from the EU to another membership referendum - because British lawmakers are expected on Jan. 15 to vote down the deal May struck with the EU in November.

 

Abe has been one of the strongest international supporters of May's Brexit deal since it was struck in November. When the two met at a G20 meeting in Buenos Aires in December, he asked for May's support to avoid a "no deal" and to ensure transparency, predictability and legal stability in the process.

 

"Japan is in total support of the draft withdrawal agreement worked out between the EU and Prime Minister May which provides for transition to ensure legal stability for businesses that have invested into this country," he said.

 

However, investors fear that if her deal is defeated as is expected then the world's fifth-largest economy could be plunged into a chaotic no-deal exit from the world's biggest trading bloc that would severely disrupt supply chains.

 

Britain's business minister Greg Clark also said a no-deal Brexit would be a disaster and partners such as Japan need assurance that it will be avoided.

 

May told reporters that the only way to avoid such a scenario was for lawmakers to support her deal.

 

HONDA'S BREXIT CONCERN

Japanese carmakers Nissan, Toyota and Honda build roughly half of Britain's nearly 1.7 million cars and have warned about the loss of any free and unfettered trade with the European Union after Brexit.

 

Carmakers have warned that their factories, which rely on the constant delivery of parts to enter production cycles, would be severely damaged if Britain leaves the EU without a trade deal, forcing the need for customs checks at borders.

 

In a sign of the concern, Honda said on Thursday it would shut its British operations for six days in April to help it counter any disruption.

 

"This is to facilitate production recovery activity following any delays at borders on parts," Honda said in a statement. "These contingency provisions have been put in place to best mitigate the risk of disruption to production operations at the Swindon factory."

 

Japan's ambassador to Britain, Koji Tsuruoka, issued a blunt warning about Brexit last February when he said Japanese companies would have to leave Britain if trade barriers made them unprofitable.

 

Abe and May said they had discussed strengthening post-Brexit economic opportunities for both nations, with the Japanese leader welcoming Britain's interest in joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade bloc.

 

(Reporting by Paul Sandle and Andy Bruce; writing by Michael Holden; editing by Guy Faulconbridge and Hugh Lawson)

 
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-- © Copyright Reuters 2019-01-11

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Post removed.   Only English is allowed.   

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After watching her listless performance during the press conference, I can only conclude the maybot has been broken by brexit and in particular the parliamentary events of the past week. 

 

Perhaps, the robot developers Japan has so many of, could give her a reboot...

Edited by Bluespunk

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23 minutes ago, Bluespunk said:

After watching her listless performance during the press conference, I can only conclude the maybot has been broken by brexit and in particular the parliamentary events of the past week. 

 

Perhaps, the robot developers Japan has so many of, could give her a reboot...

May has done some wrong turns by trying to please wrong group of people. Hardcore brexitteers are not pleased by anything, which would secure better future for the people of UK. 

 

Then again, she was put to do the impossible task. Well, she volunteered to take the position of power with her own will. 

 

Meanwhile the weasels like Farage, Johnsson, Mogg etc are constantly whining after they run away from responsibilities. Well, Mogg was never even offered any responsibilities as everybody knows how selfish right winger he really is. 

 

5 hours ago, webfact said:

Japan's ambassador to Britain, Koji Tsuruoka, issued a blunt warning about Brexit last February when he said Japanese companies would have to leave Britain if trade barriers made them unprofitable.

UK is walking on thin ice. Too much risk for the foreign businesses in UK during also otherwise turbulent times. 

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the people responsible for the current brexit mess are 

 

1. aloholic junker at the eu junta commission helm

2. lame duck merkel wth her junta minority coaltion cdu 32 %&spd 15 %

 

wbr

roobaa01

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Please note Shinzo Abe remarks represent the interests of Japan not Britain.

 

I am still think that remain is the best way forward but that would not be in Japans interests, Japan is interested with dealing with a country with one foot and one foot out of Europe.

 

 

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Right from the start, before the Referendum, if Boris the Clown and the like would have told the truth

about problems on leaving the EU, there would not be any mentions of Brexit today. Still 51 to 49 per cent

shows that it's not the end of Brexit yet. Considering an other Referendum win for staying, the EU should

accept the UK only if they switch to the Euro.  

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1 hour ago, Moo 2 said:

Right from the start, before the Referendum, if Boris the Clown and the like would have told the truth

about problems on leaving the EU, there would not be any mentions of Brexit today. Still 51 to 49 per cent

shows that it's not the end of Brexit yet. Considering an other Referendum win for staying, the EU should

accept the UK only if they switch to the Euro.  

 

You obviously weren't paying attention how could you possibly have missed the dire warnings of the remain campaign prior to the referendum? Apparently if we voted leave we'd be plunged into an immediate recession, be hit with a punishment budget and WW3 would break out. The scaremongering didn't work the British people, sick of a system that only benefits the neoliberal elite voted for something different, voted to have a say in our future and an economy that doesn't revolve around the corrupt London based banking system.

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1 hour ago, Moo 2 said:

Right from the start, before the Referendum, if Boris the Clown and the like would have told the truth

about problems on leaving the EU, there would not be any mentions of Brexit today. Still 51 to 49 per cent

shows that it's not the end of Brexit yet. Considering an other Referendum win for staying, the EU should

accept the UK only if they switch to the Euro.  

 

Also the result was 51.9% leave to 48.1% remain, it's kinda hard not to take what you idiots say with a pinch of salt when you can't even get such easily available information correct. Telling blatant lies like this undermines your credibility and makes you look like a blithering fool.

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3 hours ago, welovesundaysatspace said:

Quite amusing how literally the whole world including businesses and politics agrees that a no-deal Brexit is a stupid idea while some hardcore Brexiteers keep telling us they are the brightest bulb in the box and everyone is wrong. 

Because the Germans, French, and Japanese are so concerned so much about the British people???

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1 minute ago, zydeco said:

Because the Germans, French, and Japanese are so concerned so much about the British people???

They are all much more concerned of their own people. Quite like UK is.. or should be. 

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So now May has switched threats from "my deal or no-deal" to "my deal or we may get no Brexit".  Clearly since she knows as she won't be able to push through no deal then she has to change tack and threaten Brexiteers with no Brexit if they don't vote for her deal.

 

Just how stupid does she think we all are!

 

 

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