Money: Hunt to offer Brexit reassurance to carmaker Toyota - PressFrom - United Kingdom
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MoneyHunt to offer Brexit reassurance to carmaker Toyota

05:15  15 april  2019
05:15  15 april  2019 Source:   reuters.com

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Hunt to offer Brexit reassurance to carmaker Toyota © Reuters/Pierre Albouy FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show

LONDON (Reuters) - British foreign minister Jeremy Hunt will on Monday seek to reassure Japanese carmaker Toyota that the government is focused on avoiding a no-deal exit from the European Union and ensuring tariff-tree trade between Britain and the EU.

Hunt will meet Japanese Prime Minister Shinzo Abe and Toyota representatives during a visit to Japan that his office said would give him chance to explain the latest Brexit developments.

"The UK has always been an outward-looking, global power. That cannot change after Brexit. I look forward to our relationship with Japan getting even closer in the years after we leave the EU," Hunt said in a statement before the meetings.

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Toyota on Wednesday said its Burnaston plant outside Derby would produce the next version of the Auris, and appealed to the UK government to “deliver on frictionless trade” after Brexit . Nissan was the first overseas carmaker to sign an investment agreement in the UK after the Brexit referendum.

Firm says sales and investment would be hit and its Crewe factory may close temporarily.

Hunt to offer Brexit reassurance to carmaker Toyota © Reuters/STEPHANE MAHE Britain's Foreign Secretary Jeremy Hunt attends a news conference on media freedom as part of the G7 Foreign Ministers' meeting in Dinard

The statement said he would discuss Toyota's recently announced plans to build a new car with Suzuki in Britain and "reassure them that UK Government is focussed on avoiding a no-deal Brexit and on agreeing a deal which that will ensure tariff-free frictionless trade between the EU and the UK".

Hunt will also meet telecommunications firm NTT DoCoMo.

(Reporting by William James; Editing by Jan Harvey)

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