Main results of EU-Japan summit: Tokyo, 17/07/2018

Tusk Abe 2018

From left to right: Mr Shinzo ABE, Japanese Prime Minister; Mr Donald TUSK, President of the European Council. Shoot location: Tokyo – JAPAN Shoot date: 17/07/2018 Copyright: European Union

This story is brought to you in association with the European Union Council

EU and Japanese leaders signed two landmark agreements to increase their cooperation at the 25th EU-Japan summit:

1) The EU-Japan free trade agreement will remove 99% of tariffs paid by EU companies exporting to Japan. It sends a clear message that the EU and Japan stand together against protectionism.

2) The EU-Japan strategic partnership agreement will boost cooperation between both sides on a wide range of issues beyond trade, such as:

  • security and defence
  • energy and climate
  • people-to-people exchanges

“We are putting in place the largest bilateral trade deal ever. This is an act of enormous strategic importance for the rules-based international order, at a time when some are questioning this order. We are sending a clear message that we stand together against protectionism.”

Remarks by President Donald Tusk after the EU-Japan summit in Tokyo

EU and Japanese leaders also discussed foreign and security issues, including the denuclearisation of the Korean Peninsula and their joint support to the Iran nuclear deal.

President Donald Tusk and President Jean-Claude Juncker represented the EU at the summit. Prime Minister Shinzō Abe represented Japan.

Leaders adopted a joint statement:

Trade

Leaders signed the EU-Japan free trade agreement (FTA), the largest trade deal ever negotiated by the EU. It will create a trade zone covering 600 million people and nearly a third of global GDP.

Once fully implemented, the free trade agreement will remove most of the duties that EU companies pay annually to export to Japan. It will also eliminate several regulatory barriers.

“The Economic Partnership Agreement demonstrates to the world the firm political will of the EU and Japan to keep the flag of free trade waving high and powerfully advance free trade. (…) The Agreement will also deliver sustainable and inclusive economic growth and spur job creation.”

EU-Japan summit joint statement

In addition, both sides reaffirmed their commitment to fight protectionism and to defend the rules-based international trading system. They committed to modernise the World Trade Organisation in line with the conclusions of the Charlevoix G7 Summit.

EU-Japan cooperation

The EU-Japan strategic partnership agreement was also signed at the summit. This agreement will take the EU’s longstanding partnership with Japan to a new level, with deeper and more strategic cooperation:

“The strategic partnership agreement will enrich the political dimension of our relationship and allow for deeper cooperation in a broad range of sectors, notably with regard to peace and security, migration, the fight against terrorism, energy, climate change, education, research and innovation, and development.”

EU-Japan summit joint statement

Both sides reaffirmed their strong commitment to implement the Paris agreement on climate change by focussing on emission reduction and improving energy efficiency.

Leaders also welcomed the conclusion of the talks on an adequate level of data protection by the EU and Japan. This should create the world’s largest area of safe data transfers with a high level of data protection.

Foreign and security policy

EU and Japanese leaders discussed a range of regional and international issues, including the denuclearisation of the Korean Peninsula:

“In foreign policy we stand side by side with Japan in efforts to maintain pressure on Pyongyang so as to ensure complete, verifiable and irreversible denuclearisation of the Korean Peninsula. We want to see an end to all of DPRK’s nuclear and ballistic missile programmes.”

Remarks by President Donald Tusk after the EU-Japan summit in Tokyo

Both sides also reiterated their support to the Iran nuclear deal (JCPOA) as well as to Ukrainian sovereignty, independence and territorial integrity.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

WEF Davos 2016 LIVE: “European unity and cooperation is being called on question”, Vice President Joe Biden criticizes from Davos

Merkel refuses to consider the North-South schism of Eurozone

Deep chasm still divides Athens and Brussels; can Eurozone use the nuclear arm of liquidity against Greece?

Congolese expelled from Angola returning to ‘desperate situation’: UN refugee agency

Where is Egypt leading the Middle East and the Mediterranean economy?

This is why Dutch teenagers are among the happiest in the world

EU signs with Canada historic trade agreement, others to follow

MEPs criticise “America first” policy

How dearly will Germany pay for the Volkswagen emissions rigging scandal

This city is planting a tree for every man, woman and child

EU/African, Caribbean and Pacific partnership: MEPs list key aims for renewal

This 12-year-old built an underwater robot to fight plastic pollution

Draghi joined Macron in telling Germany how Eurozone must be reformed

Has the treacherous theory about the ‘French patient’ finally prevailed?

IMF’s Lagarde to Peoples of the world: You have to work more for the banks!

Sustainable development demands a broader vision, says new OECD Development Centre report

Here are 6 big ideas to help the environment

China Unlimited Special Report: The trip to China

The EU accuses Russia of bullying Ukraine to change sides

A money laundering case on Vatican Bank’s road to renovation

The US and EU decisively oppose Erdogan’s plans for Turkey and beyond

No end to Deutsche Bank’s problems: new litigations in the US and frailty in EU stress test

Colombia: New Congress marks rebel group’s transition ‘from weapons to politics’, says UN

Haitian President at General Assembly calls for essential development aid as UN mission shifts away from peacekeeping

The challenges of Chinese investment in Latin America

Second Facebook-Cambridge Analytica hearing: impact on privacy, voting and trust

Regional competitiveness and growth: a Gordian knot for Europe

Eurozone officials play with people’s deposits and minds

Liaison Officer – 2020

Nicaragua must end ‘witch-hunt’ against dissenting voices – UN human rights experts

104 countries have laws that prevent women from working in some jobs

No barriers to free flow of non-personal data in the EU

Greenhouse gas levels in atmosphere break another record, UN report shows

Trump ‘used’ G20 to side with Putin and split climate and trade packs

On World Day to Combat Desertification, UN shines spotlight on ‘true value’ of land

More than nine in ten children exposed to deadly air pollution

We can end TB right now. Here’s how

EU budget: the Common Agricultural Policy beyond 2020

Commission caps charges on card and Internet payments and enforces competition

Google case: A turning point in competition rules enforcement

These are the world’s most future-proof cities

Treaty prohibiting nuclear weapons marks first anniversary, but still lacks sufficient numbers to become law

3 ways business leaders can build digital trust

How the United States can win back its manufacturing mojo

UN global counter-terrorism strategy review an ‘overarching vision for the future’: Assembly President

Member states jeopardising the rule of law will risk losing EU funds

Parliament cuts own spending to facilitate agreement on EU budget

Parmesan cheese on shelves in Italy (Copyright: European Union, 2014 / Source: EC - Audiovisual Service / Photo: Daniela Giusti)

CETA at risk again: Italy says it won’t ratify EU-Canada trade deal over product protection fears

Berlin vies for a Germanic European Central Bank

Madagascar: UN chief commends leaders, State institutions following ‘historic milestone’ election

“There are many converging visions and interests between the One Belt One Road initiative and the Juncker Investment Plan”, Ambassador Yang of the Chinese Mission to EU highlights from Brussels

Oh, well, you are wrong, Google responds to the European Commission

Nigel Farage and Boris Johnson: who forced the two ‘brave’ Brexiteers to quit?

European Youth Forum welcomes steps towards raising awareness of youth rights by EU ministers

Draghi’s top new year resolution: Quantitative Easing

Bundesbank’s President Weidmann criticises France and the EU. Credibility at risk?

Why Indian students are going abroad to become Doctors?

‘Many challenges to overcome’ at UN, in fight against abuse: victims’ advocate

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s