EU and Japan Create World’s Biggest Free Trade Zone
February 1st, 2019Via: Deutsche Welle:
A free trade agreement between Japan and the EU entered into force on February 1, covering 635 million people and almost one-third of the world’s economy.
Dubbed the world’s largest free trade agreement, the EU-Japan Economic Partnership Agreement removes duties on almost all agricultural and industrial products and opens up the service sector and procurement. It also moves to eliminate non-tariff barriers to trade.