Read this article in:

EU and Japan sign Economic Partnership Agreement

The trade agreement is the biggest ever negotiated by the EU and will create an open trade zone covering over 600 million people.

Wednesday 18 July 2018 (1 years 2 months 26 days ago)
Like

The agreement will remove the vast majority of the €1 billion of duties paid annually by EU companies exporting to Japan, and has led to the removal of a number of long-standing regulatory barriers, for example on cars. It will also open up the Japanese market of 127 million consumers to key EU agricultural exports and will increase EU export opportunities in a range of other sectors.

The Economic Partnership Agreement will also in addition strengthen cooperation between Europe and Japan in a range of areas, reaffirm their shared commitment to sustainable development, and include for the first time a specific commitment to the Paris climate agreement.

With regards to agricultural exports from the EU, the agreement will, in particular:

  • scrap Japanese duties on many cheeses such as Gouda and Cheddar (which currently are at 29.8%) as well as on wine exports (currently at 15% on average);
  • allow the EU to increase its beef exports to Japan substantially, while on pork there will be duty-free trade in processed meat and almost duty-free trade for fresh meat;
  • ensure the protection in Japan of more than 200 high-quality European agricultural products, so called Geographical Indications (GIs), and the protection of a selection of Japanese GIs in the EU.

Next steps

The agreement is now awaiting ratification by the European Parliament and the Japanese Diet following which it could enter into force in 2019.

At the same time, negotiations with Japan continue on investment protection standards and investment protection dispute resolution. The firm commitment on both sides is to reach convergence in the investment protection negotiations as soon as possible, in light of their shared commitment to a stable and secure investment environment in Europe and Japan.

Tuesday July 17, 2018/ EC/ European Union.
http://europa.eu/rapid

Swine news

Total consumption of meat is expected to increase18-Jul-2018 1 years 2 months 26 days ago
Increase in meat consumption in Uruguay18-Jul-2018 1 years 2 months 26 days ago

News from Economy

Total consumption of meat is expected to increase18-Jul-2018 1 years 2 months 26 days ago
Increase in meat consumption in Uruguay18-Jul-2018 1 years 2 months 26 days ago

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.
Leave a new Comment

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

11-Oct-201904-Oct-201927-Sep-201920-Sep-2019

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here