EU-Japan COMMERCE: ec.europa.eu/trade/policy/countries-and-regions/countries/japan/ agricultural and agri-food trade statistics: ec.europa.eu/info/sites/info/files/food-farming-fisheries/farming/farming/document/agrifood-japan_en.pdf On 8 and 9 March, the Japanese Foreign Trade Organisation (JETRO) organised a seminar in Brussels and London on the EU-Japan Business – Futures visions of EU-Japanships for economic groth. Intellectuals from science, economics and governments in Europe and Japan gave lectures on the EU-Japan Agreement on Economic Integration (EIS). [The agreement is also called the EU-Japan Economic Partnership Agreement (EPA) or Free Trade Agreement (EPA). Copenhagen Economics, Assessment of Trade and Investment Barriers between the EU and Japan, 2009 On 17 July 2018, the European Union and Japan signed an Economic Partnership Agreement (EPA), the largest trade agreement ever negotiated by the EU, which will create an open trade area of more than 600 million people. Make evacuation easier with our free tools. With FedEx Electronic Trade Documents, reduce the risk of customs delays by submitting your file electronically. European Union delegation to Japan:eeas.europa.eu/delegations/japan/56981/eu-japan-partnership-partnership-epa_en Japan is the EU`s second largest trading partner in Asia after China. After the Economic Partnership Agreement (EPA) enters into force in early 2019, the largest free trade agreement between the EU and Japan will lead to significant trade and investment opportunities in key industries in two of the world`s most advanced economies. The agreement also contains a full chapter on trade and sustainable development; sets the highest standards for work, safety, the environment and consumer protection; strengthens EU and Japan`s action on sustainable development and climate change and fully protects public services.
Source: European Commission The EPA contains “a number of provisions that will simplify negotiation and investment procedures, reduce export and investment costs and thus enable more small businesses to trade in both markets. Expected benefits include increased transparency, less stringent technical regulation, compliance requirements, customs procedures and rules of origin, better protection of intellectual property rights and geographical indications, better access to tendering procedures and a specific chapter allowing SMEs to maximize the benefits of the EPA.” (Source: proposal for the conclusion of the Economic Partnership Agreement between the European Union and Japan – COM (2018) 192 final) In order to raise public awareness of the opportunities offered by this agreement and to help EU SMEs use them, the EU-Japan Centre has set up a CEPOL assistance service to help and help EU SMEs find relevant information. EU-Japan cooperation: ec.europa.eu/growth/industry/international-aspects/cooperation-governments/eu-japan_en The EU-Japan EPA should boost trade in goods and services and create many opportunities for EU SMEs: tariffs on more than 90% of Japanese imports from the EU will be abolished as soon as the EPA comes into force.