Free Trade Agreement between Japan and the European Union: What You Need to Know
The Free Trade Agreement (FTA) between Japan and the European Union (EU) is a significant trade agreement that affects various industries in both regions. The FTA covers a wide range of items, including goods, services, investment, government procurement, and intellectual property. In this article, we`ll explore the key details of the Japan-EU FTA and where you can find the PDF version of the agreement.
Overview of the Japan-EU FTA
The Japan-EU FTA was signed on July 17, 2018, and came into effect on February 1, 2019. The FTA aims to remove tariffs and other trade barriers to promote free trade between Japan and the EU. According to the EU`s Trade Commissioner, Cecilia Malmström, the agreement is “the largest free trade agreement ever signed by the EU.” She also stated that the FTA “will create an open trade zone covering nearly one-third of the world`s GDP.”
The FTA covers a wide range of trade-related topics. It eliminates tariffs on goods such as wine, cheese, meat, and fish, which are significant exports for the EU. In return, Japan will benefit from the removal of tariffs on products such as automobiles, electronics, and agricultural products.
The FTA also focuses on non-tariff measures, meaning regulatory barriers that can hinder trade. For instance, the agreement promotes regulatory cooperation between Japan and the EU to facilitate trade in sectors such as automobiles, medical devices, and pharmaceuticals. It also ensures the protection of intellectual property rights, including geographical indications for food and drinks.
Where to Find the Japan-EU FTA PDF
The complete text of the Japan-EU FTA is available on the European Commission`s website. The document consists of 25 chapters and several annexes, covering all aspects of the agreement. The PDF includes details of the products and services that the agreement covers, the rules of origin, and the procedures for applying the FTA.
The Japan-EU FTA PDF is an essential resource for businesses that trade with Japan or the EU. It provides a detailed understanding of the obligations and benefits that come from the agreement. The PDF format also makes it easy to search for specific terms or sections, making it more convenient to use than the online version.
Conclusion
The Japan-EU FTA is a comprehensive agreement that promotes free trade and cooperation between the two regions. The agreement provides significant trade opportunities for businesses in both Japan and the EU. The complete text of the agreement in PDF format is available on the European Commission`s website. We encourage businesses or individuals with an interest in the agreement to read the document to get a better understanding of the agreement`s obligations and benefits.