Trade Agreement Japan Europe

Japanese Foreign Minister Toshimitsu Motegi and International Trade Minister Liz Truss spoke by telephone on Wednesday and agreed on the essence of the free trade agreement. Both sides intend to sign the pact as early as next year and intend to implement it as early as January next year. Mr. Altmaier: The FREE Trade Agreement BETWEEN the EU and Japan sends a clear signal against protectionism The agreement also brings greater reciprocity in access to public procurement and opens up new opportunities for many European companies, particularly in the rail sector. The agreement clearly promotes the fight against climate change and includes measures to combat climate change. It obliges both countries to implement the Paris Agreement. This agreement guarantees better access to the Japanese market and, therefore, new export opportunities for European and French producers, particularly those selling beef, pork, cheese, processed products, wines and spirits; Mr Jean Lei?re, President of MEDEF | Commission for Access to the External Market and advisor to the President of BNP Paribas; Adrian van den Hoven, Director of International Affairs of the European Economy; Jean-Marie Paugam, Deputy Executive Director of the International Trade Center (ITC); Denis Redonnet, Head of WTO Unit, DG Trade, European Commission; And Dr. Patrick Messerlin, Director, GEM, and Professor of Economics, Sciences Po. Topics included each country`s position on the TPP, as well as the impact of the TPP and other important free trade agreements on world trade and European businesses. The EPA/EIE between the EU and Japan was also at the top of the agenda. Decisive results have been achieved in the area of non-tariff barriers, particularly in the automotive sector (recognition of EEC-UN standards, inclusion of commercial vehicles). It was also important to put in place mechanisms that would be effective in preventing or sanctioning the creation of new non-tariff barriers to trade (the «snap back clause»).

Negotiations for a free trade agreement with Japan were officially launched on 25 March 2013. Since trade policy is within the EU`s jurisdiction, it is the European Commission`s responsibility to conduct the negotiations and defend the interests of the EU and its Member States. A total of 19 roundtables were held with Japan, the last of which took place from 12 to 30 June 2017. On 6 July 2017, a political agreement in principle was reached at the 24th EU-Japan Summit. On December 8, 2017, it was announced that the negotiations were finally over. On 22 May 2018, the EU Council approved the principle of trade negotiations and European Commission President Jean-Claude Juncker and Council President Donald Tusk signed the Economic Partnership Agreement between the European Union and Japan on 17 July 2018 with Japanese Prime Minister Shinzo Abe. On 20 December 2018, the COUNCIL of the EU approved the agreement, after being approved by a large majority by the European Parliament on 12 December 2018. The trade agreement came into force on February 1, 2019. On 8 December 2017, Japan and the European Union concluded an economic partnership agreement following an agreement in principle reached in July 2017.

[6] This agreement contains the main European principles of the right to regulation and high standards for environmental protection and work. European Union delegation to and that it has every interest in the discussions to be concluded quickly; The United States has withdrawn from the Trans-Pacific Strategic Economic Partnership (TPP) project.