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Wednesday, 06 February 2019 13:00

Germany, Japan seek to avoid no-deal Brexit

Germany, Japan seek to avoid no-deal Brexit

During the visit of German Chancellor Angela Merkel to Japan the German Chancellor and Prime Minister of Japan Shinzo Abe said they want to head off a no-deal Brexit that could rattle their economies, as both braced against the U.K.’s increasingly chaotic course toward an exit from the EU, Caspian Energy News (www.caspianenergy.net) reports with reference to Bloomberg.

Angela Merkel and Shinzo Abe’s summit in Tokyo Monday took place days after a Japan-European Union trade agreement came into effect, removing almost all tariffs.

“I conveyed to Chancellor Merkel our strong expectations that a no-deal Brexit will be avoided,” Abe told reporters after the talks. “Japan wants the effect on Japanese companies, and on the economy, to be kept to a minimum.” He told Merkel that Japan and Germany must play a greater role on the global stage as the U.K. exits the EU.

“We want to do everything to ensure that a no-deal doesn’t happen,” Merkel said.

Merkel called on EU leaders last month to shape the process of the U.K.’s separation from Europe in a “responsible way.” Initially an outspoken opponent of Brexit, Abe has more recently called for it to be done in a way that minimizes the effect on Japanese businesses in the U.K.

More details: https://www.bloomberg.com/news/articles/2019-02-04/merkel-japan-s-abe-seek-to-bolster-ties-as-brexit-chaos-deepens

Person in charge of the newsline: Olga Nagiyeva 

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