Economic Partnership Agreement Japan

Economic Partnership Agreement Japan

Trade statistics in the agri-food European Union Delegation to Japan: The Indonesia-Japan Economic Partnership Agreement is a bilateral agreement reached on 20 August 2007 between Indonesia and Japan and August 1, 2007, July 2008 is in effect. It was Indonesia`s first bilateral free trade agreement, initiated by Japanese Prime Minister Junichiro Koizumi. Since 2013, Indonesia has requested a review of the terms of the agreement and negotiations are under way. A trade agreement between Japan and Southeast Asian countries (including Indonesia) was put on the market as the idea of Junichiro Koizumi, then Prime Minister of Japan, during his visit to Jakarta in January 2002, when he informed Indonesian President Megawati Sukarnoputri. [3] Further talks took place between them when Megawati visited Tokyo in June 2003. [4] After a brief hiatus following Indonesia`s 2004 presidential elections, in which Megawati was replaced by Susilo Bambang Yudhoyono, the progress of the agreement continued in December 2004, when the two countries agreed to form a “study group” to explore a possible free trade agreement. [5] The results of the task force were published in May 2005 and recommended that negotiations be conducted in parallel with the Japan-ASEAN agreement. [6] On 17 July 2018, the European Union and Japan signed an Economic Partnership Agreement (EPA), the largest trade agreement ever negotiated by the EU, which will create an open trade area of more than 600 million people. The agreement came into force on Friday, February 1, 2019. SMEs in Japan and the EU account for more than 50% of economic output. Since February 1, 2019, the agreement has strengthened bilateral economic relations in…

This agreement is particularly beneficial for French farmers and exporters: Japan is France`s sixth largest trading partner outside the European Union. Around 8,000 French companies are already exporting there, many for the first time exporters, and selling more than 6 billion euros worth of goods. The Japanese market offers considerable potential for French products due to its size and the high standards of its consumers. guarantees EU companies access to Japan`s major public procurement markets in 48 major cities and removes supply barriers in the economically important domestic rail sector; You can also visit the website of the Helpdesk European Commission – DG Commerce, which gives an overview of the specific provisions of the agreement.

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