The European Union and Japan together produce a third of global economic output. With a far-reaching trade Pact you want to improve your relationships. And a character set.
from left: EU Council President Donald Tusk, Japanese Prime Minister Shinzo Abe and European Commission President Jean-Claude Juncker
For seconds, his glossy hair is to mountains, then the wind can blow. Welcome to Japan’s Prime Minister Shinzo pushes Abe’s Hand, EU Council President Donald Tusk.
No polite aloofness, but obvious satisfaction, it is written after their Meeting in two faces. The Timing could not be better: “just in Time for the G-20 summit tomorrow, Japan and the EU, demonstrate our strong political will to wave the flag of free trade,” said Abe at the joint press conference without a hint of Japanese restraint: “In times of international change, Japan is seeking stronger ties with Europe.”
The touch of a finger for Trump
The most important addressee of this sign is US President Donald Trump, the protectionism to new heights to help wants: “We are convinced that protectionism is not a Chance,” said then President of the EU Commission Jean-Claude Juncker with the appropriate force. Together with Japan, have demonstrated, not afterwards pushed EU Council President Donald Tusk, that they are willing to go backwards to the world markets.
“Economic Partnership Agreement” means the trade Pact in the EU-Jargon. Since 2013, the talks run to a full 18 rounds of negotiations later, you could see “the beginning of a consensus”, said EU diplomats, with the dossier familiar.
The EU wants to increase exports to the far East and gradually almost all tariffs abolished, which amounts currently to around a billion euros a year. Too much-criticized European companies. Now, the Japanese market should be opened up for European cheese. In return, the European tariffs on Japanese cars to fall.
A lot of questions open
The free trade agreement between the two countries could boost exports to Japan by up to 30 percent, according to estimates. A majority of goods transport, machinery and electrical equipment, vehicles and chemical and pharmaceutical products. Especially in the case of industrially processed foods Brussels is expecting a significant increase. A great success had been retracted, according to EU diplomats, especially in this sector: Japan have given the green light for the protection of the designation of origin. It was the Europeans is important. A Gorgonzola is a Gorgonzola, a champagne is a champagne. Whether in Japan or Europe.
Klars characters, of unclear content. Until the unification of the free-trade delegations have to do the EU and Japan still have much to
One hour only, the bilateral Meeting between Japan and Europe took. Not because all the chapters were already home and dry, but because today’s gathering was a political statement and not a finished Deal. Of superlatives was not yet saved: The Meeting today is a star of an hour, according to the Japanese delegation circles. And Jean-Claude Juncker raved that the European Union can provide you with the trade Pact is “faster and easier to Japan” – and Vice versa.
Transparency? Note six.
It’s not that simple, of course. Delicate and, as yet, unclear about the question about the arbitration courts: “It is no secret that Brussels is pushing for so-called investment tribunals,” said Japanese Delegation chief Norio Maruyama, the DW. All Parties know that the EU have in this subject “very own” ideas. Japan have other. “There are two proposals currently on the table. The European and the Japanese. Nothing in between.”
Also Ensure the Standards in the environment and sustainability are not a trifle. The Green EU parliamentarian Reinhard Bütikofer criticized such cases, the lax attitude of the EU illegal timber. It was “understandable” why the EU didn’t take Japan to task more. The EU has made so far, only a handful of the documents to the public, is an additional reason for this is that many citizens and non-governmental organizations to reject the agreement.
For More Hakelei: The Brexit
On the exit of great Britain, the Japanese would have done without. How exactly is he going to have an impact on whether or not the post is must be, the fact that there is currently still no concrete answer. But one thing makes it clear to the Japanese Delegation: “Japan has invested in the UK only because it is a member of the EU.” The Brexit should be reality, so the chief diplomat, Maruyama, going to Japan to readjust.
Council President Tusk fired his tip against the UK: “today We have proved that trade with the EU work better than without.”
Long Nose In The Direction Of Trump. Long nose in the direction of the UK. Mission accomplished. Only, alone, these political satisfaction is not sufficient, so that in 2019 the can enter free-trade agreements in force. Also, the Council of the European Union and the EU Parliament still have to lift your thumb. So that the goes smoothly, an EU Diplomat, had to go a few meters.
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Free trade agreement between Japan and the EU
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