Japan and EU reach free trade deal (FTA)

EU and Japan reach free trade deal
Date: July 6, 2017
Source: BBC by Damian Grammaticas

The European Union and Japan have formally agreed an outline free-trade deal.

• The agreement paves the way for trading in goods without tariff barriers between two of the world’s biggest economic areas.
• However, few specific details are known and a full, workable agreement may take some time.
• Two of the most important sectors are Japanese cars and, for Europe, EU farming goods into Japan.