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Recent Japan – EU relations and the Economic Partnership Agreement

Recent Japan – EU relations and the Economic Partnership Agreement. 24 April 2013 at EIAS Manabu MIYAGAWA Mission of Japan to the EU. Recent Japan – EU relations and the Economic Partnership Agreement. The first EPA negotiation between Japan and EU ・・・ P.3

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Recent Japan – EU relations and the Economic Partnership Agreement

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  1. Recent Japan – EU relations and the Economic Partnership Agreement 24 April 2013 at EIAS Manabu MIYAGAWA Mission of Japan to the EU

  2. Recent Japan – EU relations and the Economic Partnership Agreement • The first EPA negotiation between Japan and EU ・・・ P.3 • Opportunity and Challenge　　　　　　　　　・・・　p.4 • A way ahead ・・・ P.6 • Conclusion　　　　　　　　　　　　　　　　　　　・・・ P.7

  3. 1. The first round of the EPA/FTA negotiation ➢　15-19 April 2013, Brussels ➢　Chief negotiators Mr. Jun YOKOTA , Special Representative of the Government of Japan Mr. Mauro PRTRICCIONE, Director for Asia and Latin America, Directorate General for Trade, European Commisiion ➢　Next round : 24-28 June 2013, Tokyo

  4. 2. Opportunity and Challenge ➢　Why was it a success? a) A unified strong political will The EPA in parallel with the political agreement is one of the most important components of the growth strategy by Prime Minister ABE, in his three pronged economic policies, the ABENOMICS. b) Japan and Europe seek for growth and enhanced competitiveness through the EPA/FTA. c) Supports from all Japan and all Europe

  5. 2. Opportunity and Challenge ➢　A possible future perspective of the EPA/FTA negotiation a) How long will it take to conclude the negotiation ? b) What would be the most difficult issues and what would be the most important achievements? Japan and the EU occupy more than 30 % of the world GDP and nearly 40 % of the world trade…

  6. 3. A way ahead ➢ Will all the roads of EPA/FTAs will lead to the World Trade Organization in Geneva? Yes, but with some conditions... a) Japan EU EPA/ FTA b) WTO

  7. 4. Conclusion ➢　The earlier the negotiation will be over, the better both sides will be able to address the prolonged economic difficulties.

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