Japan | Brussels, 24 October 2014
EU-Japan FTA talks advance further
The EU and Japan today finished another week of negotiations aiming at concluding an ambitious free trade agreement. The 7th round of negotiations brought together over 100 negotiators from the EU and Japan.
This week the EU and Japan made further efforts to advance the talks in almost all the areas under negotiation: tariffs, technical barriers to trade, access to public tenders, trade in services, rules on investment competition, sanitary and phytosanitary measures, regulatory cooperation, transparency and protection of intellectual property, including geographical indications. Rules of origin, as well as trade facilitation and customs will be discussed during the period between the formal negotiating sessions.
The EU wants the negotiations with Japan to address a number of concerns affecting EU business with Japan, among others non-tariff barriers and unsatisfactory access to the Japanese public procurement market. If this is achieved, EU exports to Japan could increase by over 30%.
The next round is scheduled for second week of December in Tokyo.