The Commission presented the outcome of negotiations for the Economic Partnership Agreement with Japan.
Japan is a highly valuable export market for European farmers and food producers. With annual exports worth over €5.7 billion, Japan is already the EU's fourth biggest market for agricultural exports. Over time around 85% of EU agri-food products (in tariff lines) will be allowed to enter Japan entirely duty-free. This corresponds to 87% of current agri-food exports by value.
The agreement will eliminate or sharply reduce duties on agricultural products in which the EU has a major export interest, such as pork, the EU's main agricultural export to Japan, ensuring duty-free trade with processed pork meat and almost duty-free trade for fresh pork meat exports. Tariffs on beef will be cut from 38.5% to 9% over 15 years for a significant volume of beef products.
Once approved by the Council, the agreement will be sent to the European Parliament, aiming for the entry into force of the trade agreements with Japan before the end of the current mandate of the European Commission in 2019.
Miércoles, 18 de abril de 2018/ CE/ Unión Europea.