On December 8, 2017, the European Union (EU) and Japan announced the conclusion of the final discussions on the EU-Japan Economic Partnership Agreement (EPA).
The EPA will reduce or remove export barriers on agricultural products such as cheese, beef, pork and wine and is one of the EU’s biggest bilateral agreements negotiated to date. The agreement will also open up markets for the EU in such areas as financial services, e-commerce, telecommunications and transport, and eventually the automotive sector.
The European Commission plans to have the agreement enter into force by the end of its current mandate in 2019.
The European Commission’s press release can be found here:
