Trade Agreement between the EU and Japan – Response to Clandestine Protectionism / Article / LSM.LV



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The free trade agreement signed Tuesday by the European Union (EU) and Japan also responds to the protectionist policies of US President Donald Tramp, agreed by Tokyo and Brussels.

In Tokyo, European Council President Donald Tusk, after signing the treaty, pointed out that "we are sending a clear message against protectionism":

"Today, we are definitely strengthening the fight against protectionism. Friendship between Japanese and Europeans

important bilateral trade agreement timely.It is an important strategic step in the rules-based international order at a time when some of these arrangements are difficult. "[19659005] Tusk said that without trade, the two sides agreed to cooperation in areas such as security and defense, energy and climate. We are side by side with Japan to keep up the pressure on North Korea to ensure the complete release of nuclear weapons from the Korean peninsula. Japan and the European Union are united in their determination to make the Iranian nuclear agreement operational. We also reiterated our full support for the sovereignty, independence, and territorial unity of Ukraine, "said Mr. Tuscus in Tokyo

BACKGROUND: [19659005] The agreement signed on Tuesday to abolish the tariff of 99% The companies of both parties have paid close to one billion euros a year

The treaty will cover nearly 600 million of people, which account for one-third of the world's gross output.The EU expects an increase in exports to Japan, especially for agricultural products.But Europe, for example, will cancel gradually the import tariff of 10% for Japanese cars

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