[ad_1]
The European Union (EU) and Japan signed the largest free trade agreement in the world. The signatures were established in Tokyo by EU President Donald Tusk and European Commission President Jean-Claude Juncker and Japanese Prime Minister Shinzo Abe. The agreement will create a free trade zone for 650 million people, a third of world trade. The economic cooperation agreement between Japan and the EU provides for the abolition of customs duties in many jurisdictions and the introduction of a law to facilitate trade. It is also important in terms of the timing of the agreement between the EU and Japan, which emerged during a period when US President Donald Trump led the "First America" policy.
The world's largest economies, the EU and Japan, began negotiations on an agreement covering one-third of the global economy in December of last year. The agreement to lift trade barriers and customs to increase employment is expected to come into force in 2019. Free trade talks between the EU and Japan started in 2013. With the Bilateral Free Trade Agreement, the costs of European exporting companies are expected to decrease by several billion euros.
EU Council President Donald Tusk and European Commission President Jean-Claude Juncker warned against trade wars following talks in Beijing ahead of the Chinese capital , Beijing. "The United States and Russia as well as Europe and China have a common duty to develop trade wars that can transform our world trade order instead of destroying it and turning it into hot warfare in our history" , say Tusk
. Trump's and the world gave a strange exit from the United States gave a message. The US administration, the EU, China, Canada, Mexico and the steel and aluminum products of Turkey for Americans to bring tariffs in response to the Organization World Trade Organization because of tariffs (WTO) was admitted. In the written statement made by the US Trade Representative (USTR), it was reported that five different disputes apply. Steel and aluminum tariffs of US President Donald Trump, the statement made to the country's national security, "China, the EU, Canada, Mexico and Turkey's retaliatory tariffs for state imports United States is totally unfounded under the international rules "contained in the declarations. 
The world's largest economies, the EU and Japan, began negotiations on an agreement covering one-third of the global economy in December of last year. The agreement to lift trade barriers and customs to increase employment is expected to come into force in 2019. Free trade talks between the EU and Japan started in 2013. With the Bilateral Free Trade Agreement, the costs of European exporting companies are expected to decrease by several billion euros.
EU Council President Donald Tusk and European Commission President Jean-Claude Juncker warned against trade wars following talks in Beijing ahead of the Chinese capital , Beijing. "The United States and Russia as well as Europe and China have a common duty to develop trade wars that can transform our world trade order instead of destroying it and turning it into hot warfare in our history" , say Tusk
. Trump's and the world gave a strange exit from the United States gave a message. The US administration, the EU, China, Canada, Mexico and the steel and aluminum products of Turkey for Americans to bring tariffs in response to the Organization World Trade Organization because of tariffs (WTO) was admitted. In the written statement made by the US Trade Representative (USTR), it was reported that five different disputes apply. Steel and aluminum tariffs of US President Donald Trump, the statement made to the country's national security, "China, the EU, Canada, Mexico and Turkey's retaliatory tariffs for state imports United States is totally unfounded under the international rules "contained in the declarations.
Source link
