Eu Japan Epa Agreement Text

The EU-Japan Economic Partnership Agreement (EPA) is a comprehensive trade agreement between the European Union (EU) and Japan, signed in July 2018. The agreement aims to eliminate tariffs and increase market access for both parties, as well as to strengthen economic ties and promote sustainable development.

The text of the EU-Japan EPA agreement is a complex document that consists of 17 chapters and numerous annexes, covering a wide range of topics such as trade in goods, investment, services, intellectual property, and government procurement. The full text of the agreement is available online, and it provides a detailed description of the terms and conditions of the agreement.

One of the key features of the EU-Japan EPA agreement is the elimination of tariffs on a wide range of goods, including agricultural products, processed foods, and manufactured goods. This will significantly reduce the cost of trade between the EU and Japan, making it easier for businesses to access each other`s markets and increase their exports.

The agreement also includes provisions to protect and enforce intellectual property rights, including trademarks, patents, and copyrights. This will provide greater certainty and protection for businesses investing in new technologies and innovation.

Another important aspect of the agreement is the establishment of a dispute resolution mechanism, which will help to resolve any disputes that may arise between the EU and Japan. This will provide a stable and predictable environment for businesses operating in both markets, and will help to promote trust and confidence in the trade relationship.

The EU-Japan EPA agreement is also designed to promote sustainable development, with provisions to promote environmental protection and labor rights. This includes commitments to reduce greenhouse gas emissions, protect biodiversity, and ensure that workers have access to safe and healthy working conditions.

In conclusion, the EU-Japan EPA agreement text is a comprehensive document that outlines the terms and conditions of the trade agreement between the EU and Japan. It is a significant milestone in the economic relationship between the two parties and is expected to bring significant benefits to businesses and consumers on both sides of the agreement.