EU and Japan Create World’s Biggest Free Trade Zone

February 1st, 2019

Via: 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.

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