Image for EU-Japan Free Trade Agreement

EU-Japan Free Trade Agreement

The EU-Japan Free Trade Agreement is a pact that aims to reduce barriers like tariffs and import/export restrictions between the European Union and Japan. By doing so, it makes it easier and cheaper for businesses in both regions to buy and sell goods and services. The agreement also sets common standards on issues like intellectual property and sustainable practices, fostering closer economic cooperation. Overall, it helps companies grow, creates jobs, and provides consumers with more choices and competitive prices.