Japan Economic Partnership Agreements

Author: Georald Camposano | April 10th, 2021

EU-Japan cooperation:ec.europa.eu/growth/industry/international-aspects/cooperation-governments/eu-japan_en There is a good chance that the EPA will deepen and deepen trade and economic relations between the two partners. Japan and Europe are regions with high per capita incomes, advanced industrial and service sectors and demanding consumer markets. Both sides are engaged in areas similar to future development, such as digitization, interconnectivity, robotics, mobility, life sciences and energy efficiency. Through the agreement:ec.europa.eu/trade/policy/in-focus/eu-japan-economic-partnership-agreement/Origin is the “economic” nationality of goods traded in trade. It is origin that determines the duties and taxes applicable to a product when it is exported abroad. The EU-Japan EPA, recently… With 13.8 million jobs, the car industry is a major employer in the EU. Because of its strong economic links with many other industrial sectors, it has a significant multiplier effect in the economy. The automotive industry… European Union delegation to Japan:eeas.europa.eu/delegations/japan/56981/eu-japan-economic-partnership-agreement-epa_en Market access database:madb.europa.eu/madb/indexPubli.htmmadb.europa.eu/madb/fta_japan_overview.htm Throughout its history, maritime transport has been a catalyst for economic development.

Shipping allows trade and contacts: it guarantees the security of supply of… On 26 June 2018, the European Council also adopted a decision on the signing and provisional implementation of a strategic partnership agreement between the EU and Japan. Both the EPA and the GSB will improve relations between the two parties in many ways. On the one hand, the EPA focuses on economic aspects such as the abolition and reduction of tariffs and the establishment of rules promoting free trade. On the other hand, the BSG will provide the legal framework for cooperation between Japan and the EU to find solutions to common challenges such as climate change, cybersecurity, energy security, disaster management and migration. It will also help boost economic growth, create jobs and strengthen business competitiveness in both Japan and the EU. This agreement opens up important economic opportunities and creates an area of nearly 600 million people representing nearly 30% of the world`s GDP. SMEs in Japan and the EU account for more than 50% of economic output.

Since February 1, 2019, the agreement has strengthened bilateral economic relations in… It also includes obligations to comply with multilateral agreements and to ratify international labour organization (ILO) conventions. Taxation and customs:ec.europa.eu/taxation_customs/business/international-affairs/international-customs-cooperation-mutual-administrative-assistance-agreements/japan_en EU-Japan Trade: ec.europa.eu/trade/policy/countries-and-regions/countries/japan/ Agri-Food trade statistics:ec.europa.eu/info/sites/info/files/food-farming-fisheries/farming/farming/farming/documents/agrifood-japan_en.pdf This agreement is particularly beneficial for French farmers and exporters: Japan is France`s sixth largest trading partner. Around 8,000 French companies are already exporting there, many for the first time exporters, and selling more than 6 billion euros worth of goods. The Japanese market offers considerable potential for French products due to its size and the high standards of its consumers. Learn more about exporting European food and drink to Japan as part of our EPA tax trade agreement? Hiroshige Seko, Minister of Economy, Trade and Industry “Seko praises the Japan-EU free trade agreement” of NHK WORLD-JAPAN Among the 20 most exported PAP to Japan, important products such as cigarettes, mineral water, cocoa powders, pectics, spirits, yeasts and cases… liberalize. . The EPA contains “a number of provisions that simplify negotiation and investment procedures, reduce export and investment costs and, therefore, allow more small businesses to enterpri

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