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Korea targets the red light of the EU market … Japan and the European Union agreed on an Economic Partnership Agreement (EPA / EU-EU Economic Partnership Agreement), a form of Free Trade Agreement (FTA) in Tokyo, "
Japanese Prime Minister Shinzo Abe and EU leader Jean-Claude Junck, president of the EU summit in Nantes Tusk, signed the EPA at the prime minister's residence in Tokyo this afternoon. [19659002Whentheagreementcomesintoforcetheworld'slargestfreetradeareawithapopulationof600millionwillaccountfor30%ofglobalgrossdomesticproduct(GDP)and40%oftradetotal
The signing of the EPA also means checking with US President Donald Trump, who strengthens the system of protection trade, [19459] 005] Both parties are aiming for the entry into force of the agreement by next March, before the British withdrawal from the EU (Brecksheet). Indeed, the agreement will be applied to the EU, as well as to the UK, which will leave the EU on March 30 of next year before it can take effect.
The agreement will be formally ratified by the Japanese government and the 28 member countries of the EU
In a joint statement, the Japanese government and the EU said in a joint statement: "This is a historical report," he said.
Both parties also stressed the important role of the multilateral trading system centered on the World Trade Organization (WTO) and said: "We will fight against protectionism".
Both parties agreed to hold a high-level industrial, commercial and economic dialogue and hold their first meeting in the year
Abe said at a press conference after signing "This will clearly show the world that he will lead the world as a jockey," he said, "we will cooperate for a quick application."
He added, "The greatest economy the world will see the light of day, which will cost about $ 21 trillion. "" He will become a new engine of AveNomics by creating a high-quality, free and fair economic framework for the 21st century. "
He also signed a "Strategic Partnership Agreement" (SPA) to promote cooperation in the fight against terrorism and United Nations reforms, "as a partner to share the universal values of freedom, democracy,"
Mr. Tusk said in his speech after the signature of the EPA: "The relationship between the EU and Japan is stronger than ever, it is geographically separated, but politically and economically now. "The EU has supported Japan's efforts to pressure Pyongyang to ensure a complete, verifiable and irrevocable denuclearization of the peninsula in its foreign policy."
"We want all nuclear and ballistic missile programs in North Korea to end," he said. fully supports, "he said.
The Japanese government estimates that when the EPA comes into force, Japan's GDP will increase by about 1% and the employment increase of 290,000 people.
Based on the number of items, the final rate of tariff elimination is set at 94% for Japan and 99% for the EU.
Both parties agreed on a large – scale framework in July last year,.
Abe first attempted to visit Europe for the signing, but recently canceled the visit because of heavy rains caused by heavy rains in western Japan.
Meanwhile, the EPA between the EU and Japan finally concluded
South Korea, which is competing with Japanese products in the EU market, is in a state of emergency as it will come into effect next March. It should be more competitive than Japanese products in the EU market, but it will be difficult to reap these benefits once the EU-Japan EPA comes into effect.
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