In the News
Japan's Trade Agreement with the EU
6th July 2017
The European Union has agreed a landmark trade deal with Japan. We have collected some study resources on this trade agreement and some of the likely effects. The agreement aims to eliminate 99% of the import tariffs between Japan and the EU and is expected to cover about 30% of world GDP and nearly 40% of international trade.
EU and Japan hail a trade deal that would eliminate 99% of tariffs between them https://t.co/Uh9NzogU7U pic.twitter.com/dEFrUjp93m
— Bloomberg (@business) July 6, 2017
As UK heads for Brexit, EU strikes free trade deal with Japan (Hold on, twas supposed to be other way round) https://t.co/HWA8zwl9hB via @FT
— Lionel Barber (@lionelbarber) July 6, 2017
So the EU reaches a trade deal with the world's 3rd largest economy.If T/May gets her way,we won't see the benefits https://t.co/c2nni7gT2m
— ChukaUmunna (@ChukaUmunna) July 6, 2017
The so-called Economic Partnership Agreement is likely to give Japan's auto industry better access to European markets.
- Economics
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- Japan
- Free trade
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Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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