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Japan | Brussels, 10 April 2019

First EU-Japan Joint Committee meeting sets tone for successful implementation of Economic Partnership Agreement

Commissioner for Trade Cecilia Malmström co-chaired today the first meeting of the EU-Japan Joint Committee under the new Economic Partnership Agreement in Tokyo, Japan.

The EU-Japan Joint Committee has adopted a set of decisions on procedures for the implementation of the Agreement. It also kick-started bilateral cooperation to monitor and support the implementation of the Agreement. Sectoral specialised committees and working groups will address areas such as product standards, customs procedures, public procurement markets, or trade and sustainable development priorities.

Commissioner Malmström also spoke at the Japan Institute of International Affairs about our common responsibility for an open trading system.

She said: “Japan will soon be entering Reiwa, Japan’s next imperial era. It means ‘order and harmony’ and this is what characterises the multilateral rules-based system best. Building, updating and maintaining such a system is difficult. It requires a nuanced approach – balancing alliances, multilateralism, economics, foreign policy. It also requires a broad vision – one that stretches beyond our own generation.”

Watch her speech

The EU-Japan Economic Partnership Agreement is the EU’s largest trade agreement ever. It covers one third of the world’s GDP and a population of 635 million people. The deal makes trading between the countries easier and less costly, benefitting producers, farmers and consumers on both sides.
 

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