Donald Tusk and Shinzo Abe at the signing ceremony – Picture by European Union
Tuesday, 17 July 2018, 25th EU-Japan summit: A historic agreement to bring about a future of free and fair trade between Japan and the EU was signed at Tokyo. The new Economic Partnership Agreement will lead to increased openness, transparency, and easier Japan-EU trade. This agreement will strengthen economic cooperation between Japan and the EU and, by creating new business opportunities, reinforce their competitiveness as mature yet innovative economies.
The EPA is one of the largest and most comprehensive economic agreements that either the EU or Japan have concluded so far. This EPA will create a huge economic zone with 600 million people and approximately 30 percent of the world GDP, and it will open up tremendous trade and investment opportunities and will contribute to strengthening our economies and societies.
The EU was represented by Donald Tusk, President of the European Council, and by Jean-Claude Juncker, President of the European Commission. Cecilia Malmström, European Commissioner for Trade, also partook at the Summit. Japan was represented by Prime Minister Shinzo Abe.
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