Follow Us

Follow us on Twitter  Follow us on LinkedIn

22 July 2013

EUobserver: Japan warns UK of job losses if it leaves EU

Japan has become the latest economic power to urge the UK not to leave the EU, warning that the move could put over 100,000 jobs on the line. (Includes link to BNE response.)

In a written submission to the UK as part of the [Balance of Competences] review revealed over the weekend, the Japanese government said that 1,300 Japanese companies had invested in the UK, creating over 130,000 jobs. "This fact demonstrates that the advantage of the UK as a gateway to the European market has attracted Japanese investment", it stated, adding that it expected that "the UK will maintain a strong voice and continue to play a major role in the EU".

The conservative/liberal coalition has also adopted legislation to create a 'referendum block', meaning that all future EU treaty changes involving further transfers of power to Brussels would be subject to a public vote. A government memo launching the review commented that it would serve as "an audit of what the EU does and how it affects the UK". "It is important that Britain has a clear sense of how our national interests interact with the EU’s roles, particularly at a time of great change for the EU", it said.

Full article

Government of Japan's Contribution to the UK's Balance of Competences Review, 15.7.13

BNE response: Japan is right - leaving the EU would risk jobs, 21.7.13


< Next Previous >
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information

Add new comment