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The EU and Japan plan to continue negotiations on free trade
European Union officials yesterday noted that the EU and Japan plan to start the week-long 8th round of free trade talks on December 8, and continue negotiations in March and June 2015 and conclude them in late 2015 or spring 2016, Xinhua News Agency reports. ".
Representatives of the European Union in the second half of the Wednesday at a briefing noted that the trade ministers of the EU member states will meet on November 21, where they will hear and appreciate the report of the European Commission on the progress made in the free trade negotiations between Europe and Japan.
European-Japanese free trade negotiations began in March 2013. The EU communiqué says that a year after the start of the talks, the European Commission gave an assessment of whether Japan respects its promises regarding government purchases and elimination of non-tariff barriers. According to the results of this assessment, Japan largely complies with the promise of eliminating non-tariff barriers.
Statistics 2011 year showed that Japan is the seventh largest trading partner of the European Union, trade with Japan occupies 3,6% of the total EU foreign trade. At the same time, the EU is Japan's third largest trading partner, with trade turnover with European countries accounting for 11% of Japan's total foreign trade.