Given Chile`s customs structure, its volume of trade with Japan and its main exports to Japan, the conclusion of an economic partnership or free trade agreement with Chile could be seen as a medium- and long-term task and not an urgent task of the utmost importance. Find out about the current trade relations between the EU and Japan “There are, however, some differences. For example, as regards e-commerce and financial services, the agreement goes beyond the EPA BETWEEN the EU and Japan. On the other hand, the situation in merchandise trade is a little more mixed, so UK suppliers can only benefit from lower tariffs on the export of certain products if EU producers have not omitted the corresponding quotas.” M. Kotsonis said the deal is important not only because of the trade it will allow directly, but also because it will act as a “stepping stone” to the CPTPP. He said Japan had said it was ready to support the UK`s efforts to join the bloc. (1) In view of the progress of economic globalisation, it is important to maintain and strengthen the free trade system. While the World Trade Organization continues to play an important role in these efforts, free trade agreements (FTAs) are a means of strengthening partnerships in areas not covered by the WTO and achieving liberalization beyond wto levels. Therefore, the conclusion of free trade agreements is an extremely useful way to expand the scope of Japan`s economic relations with other countries. The United States and Japan have reached a trade agreement on market access for certain agricultural and industrial products, with plans to continue further negotiations for an expanded free trade agreement. On October 17, 2019, the United States and Japan concluded an agreement on market access for certain agricultural and industrial products. Japanese lawmaker approved the agreement on December 5, 2019.
Presidential Proclamation 9974 was adopted on 26 December 2019, the Commission published and justified an entry into force date of 1 January 2020. On 30 December 2019, the Federal Communication on Registers (84 FR 72187) was adopted for the implementation of the agreement.