Japan firms may leave UK over Brexit

Japanese companies could leave the UK. The threat came directly on the table of the Chinese G20. "Japanese companies have headquarters in the United Kingdom may decide to shift their headquarters in continental Europe where EU laws will cease to be applicable in the United Kingdom". In a document published on the Foreign Ministry website Tokyo calls on the newly British Prime Minister Theresa May to act "responsibly to minimize negative impacts on the Japanese firms."

The report also points out that about 50% of the EU investment arrives in the UK, also companies as Nissan, Honda and Mitsubishi. The list of demands made in the report includes the vehicle manufacturers; Japan is concerned that the auto parts necessary for the construction of a vehicle can be taxed twice if imported by the European Union and then assembled in Britain. Even banks appear worried: the consequences for financial institutions, if the UK were to lose access to the bank passport system would be many important; this system allows banks with offices in the United Kingdom to open branches in other European Union countries without having to obtain special permits from the local government.

For its part, the Japanese ambassador in London, Koji Tsuruoka wanted to immediately deny any immediate escape from the island and in a note said that "it is very difficult to imagine that Japanese companies and the automotive industry in particular leave totally the UK".

In the morning the president of the EU Commission, Jean Claude Juncker instead recalled the role of Brussels, which can not be bypassed: "I do not like the idea that the EU member countries, including those yet members, negotiate agreements trade" stressing that every intention of the British government to start informal negotiations can not be unilateral.