EU-Japan Economic Partnership Agreement

December 13, 2017

The EU and Japan have reached agreement on “the biggest bilateral trade agreement ever negotiated by the European Union”, covering a combined market of over 600m people and 30% of global GDP. The agreement will open up both markets by eliminating or phasing out import duties and reducing regulatory barriers, particularly on EU exports of agricultural products and imports of vehicles. Contentious issues on data protection and investment standards are being addressed separately. The agreement is expected to come into force in 2019, near the time that the UK leaves the EU and it could offer another potential template for an UK-EU trade agreement. Dechert is ideally placed to advise on how to take best advantage of the substantial opportunities created by the agreement.

Read 'EU-Japan Economic Partnership Agreement'.