EU and Japan sign free trade agreement

The negotiations, which has been classified as historical, could be extended until 2019

A historical moment arises between Japan and the European Union following the recent signing of a free trade agreement that sets a precedent against the protectionist measures of the administration of Donald Trump.

The signing of the agreement was made official by the Japanese Prime Minister, Shinzo Abe, together with the head of the European Commission, Jean-Claude Juncker. They indicated that it is an ambitious agreement and added that the negotiation process, which began in 2013, could be extended until 2019.

After signing the document, those involved indicated that they seek to promote inclusive commerce as well as the creation of new jobs to favor the workforce. All supported by a free trade system.

The signing of the agreement between the two powers comes at a time of tension caused by the measures announced this year by the president of the United States and that affects their economies.

It was learned that Japan and the EU have also signed the Strategic Association Agreement, through which they intend to deepen cooperation strategies in the defense of human rights, cultural issues and climate change.


Source: El Mundo

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