Japan urges predictable, transparent Brexit ahead of visit by PM May

TOKYO (Reuters) – Japan wants Britain’s exit from the European Union to be predictable and transparent so that Japanese companies can continue to operate smoothly in the country, a senior government official said on Monday.

Deputy Chief Cabinet Secretary Yasutoshi Nishimura said the government would do its utmost to gather information on the Brexit negotiations, which he said remain “fluid”, as well as support Japanese corporate activity there.

He made the remarks at a government task force meeting on Britain’s exit from the EU.

British Prime Minister Theresa May will visit Japan later this week to discuss Brexit, trade and defense with Premier Shinzo Abe. The visit is aimed at strengthening Britain’s relationship with key international investors ahead of the split.

Since the shock Brexit vote, Japan has expressed unusually strong public concerns about the impact of Brexit on the United Kingdom, the second most important destination for Japanese investment after the United States.

“The Japanese government must react to a sense of crisis among businesses and do the utmost to gather information and analyze it, and support Japanese firms based on the recognition that Britain’s exit from EU has a direct impact on them,” Nishimura said.

“We need to make use of Prime Minister May’s visit for conveying Japan’s stance to various levels (of officials) in Britain and

Article source: http://www.reuters.com/article/us-japan-britain-brexit-idUSKCN1B80HX?il=0

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