Discover the current trade relationship between the EU and Japan Under the leadership of President Trump, the Us and Japan have agreed on early results of market access negotiations for certain agricultural and industrial products and digital trade. The United States looks forward to continuing negotiations with Japan for a comprehensive agreement that would address the remaining tariff and non-tariff barriers and ensure fairer and more balanced trade. Domestic opposition to free trade agreements crystallized around the announcement of the Japanese government`s intention to join the Trans-Pacific Partnership (TPP) in 2011 and 2012, and Japanese farmers staged large demonstrations against the agreement to undermine food security that agricultural liberalization could have under the proposed agreement, particularly with regard to rice. Zenroren (National Confederation of Trade Unions) also opposes the agreement, raising concerns about job losses, the opening of the economy to AMERICAN capital and the erosion of living standards and working conditions. Many Japanese opponents see the TPP as a bilateral free trade agreement with the United States. The United States and Japan have concluded a trade agreement on market access for certain agricultural and industrial products, with plans to continue negotiations for an expanded free trade agreement. On October 17, 2019, the United States and Japan agreed on market access for certain agricultural and industrial products. Japan`s legislature approved the agreement on December 5, 2019. President 9974`s proclamation was issued on December 26, 2019, with the effective date of January 1, 2020.
On 30 December 2019, the Communication of the Federal Register (84 FR 72187) on the implementation of the agreement was published. In the past, European companies have faced trade barriers by exporting to Japan, which sometimes made them more difficult to compete with. The agreements presented by Japan are called “Economic Partnership Agreements” (EPAs), because the government believes that the concept of a “free trade agreement” does not cover the broader integration of the economic and social policies that these agreements aim to achieve between partner countries. But these EPAs look like a free trade agreement typical of the United States, New Zealand or the EU, although less ambitious in terms of content. Other objectives include other objectives that are slipping into Japan`s bilateral trade agenda: in early 2005, Japan began exploring possible discussions with Switzerland and negotiations began in 2007. In 2006, spurred on by concerns about access to energy resources, Japan pledged to restart discussions for a free trade agreement with Kuwait and other oil and Gas countries of the Gulf Cooperation Council (GCC). Japanese companies are also increasingly concerned about international trade disadvantages, leading to free trade agreements with Brazil, South Africa, New Zealand and even some pious rhetoric about a U.S.-Japan deal.