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posted by janrinok on Tuesday September 06 2016, @03:01PM   Printer-friendly
from the I-want-a-pony-and-a-rainbow dept.

Japan's foreign ministry has taken the unusual step of publishing a very public Message to the United Kingdom and the European Union (PDF) in which it outlines how it wants Brexit to happen in order to protect the substantial investments its businesses have made in Europe and especially in the United Kingdom.

The document opens by stating that "Uncertainty is a major concern for an economy", before going on to explain that Japanese businesses that have chosen to make major investments in the UK are worried about what Brexit will mean.

"What Japanese businesses in Europe most wish to avoid is the situation in which that they are unable to discern clearly the way the Brexit negotiations are going, only grasping the whole picture at the last minute." The document therefore asks that the UK and the European Union negotiate transparently, provide lots of information about ongoing negotiations and offer decent advance warnings of any changes. Japan also hopes, fervently, that certain things don't change between Blighty and its continental pals.

High on that list is "maintaining the current level of information protection and the free transfer of data." [...] Japan also wants uniform intellectual property rights across the EU and UK and for Japanese businesses based in the UK to be able to employ Europeans. And vice-versa.


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  • (Score: 0) by Anonymous Coward on Tuesday September 06 2016, @09:19PM

    by Anonymous Coward on Tuesday September 06 2016, @09:19PM (#398293)

    Nothing bad has happened simply because of the fact that nothing has happened yet. Article 50 gives them two years to negotiate their exit, and EU money (such as for scientific research support) has not had a new appropriations cycle yet, so committed money is still committed. Britain still has yet to negotiate trade agreements with, well, basically EVERYONE, and that hasn't happened in earnest yet either. I think many are waiting to see if Brexit really means Brexit, but the time is ticking on the Article 50 timeline. And unless something comes along to change the political will, don't expect the EU to make the terms of leaving easy; Britain has a lot of accounts to square before they leave.

  • (Score: 3, Informative) by isostatic on Tuesday September 06 2016, @09:49PM

    by isostatic (365) on Tuesday September 06 2016, @09:49PM (#398304) Journal

    but the time is ticking on the Article 50 timeline

    The timeline hasn't started yet. Article 50 hasn't been invokd, the UK remains part of the EU, and will do for the next 100 years, unless something changes.

  • (Score: 1) by Lester on Wednesday September 07 2016, @07:47PM

    by Lester (6231) on Wednesday September 07 2016, @07:47PM (#398841) Journal
    Article 50 gives them two years to negotiate their exit... after Uk has asked to exit.... UK hasn't asked it officially yet. They are talking about before 2017, others later. Let's wait, maybe someone thinks it's a good idea a second referendum before really start moving. Don't underestimate politician's lack of embarrassment sense.