EU, Japan determined to deliver trade deal by end of 2017
Euractiv, 30 June 2017:
“Malmström in Tokyo to clinch trade deal in time for G20.”
The European Union and Japan said on Tuesday (21 March) they intend to complete talks for a free trade agreement with Japan by the end of the year.
European Commission President Jean-Claude Juncker dispatched the EU’s top trade officials to Tokyo Thursday (29 June) for crucial talks to seal a long-awaited deal with Japan.
After four years of talks, the two sides are working toward signing a deal at a G20 meeting in Hamburg next week, but Juncker said further work was needed.
“There are still a few sticking points. I have therefore sent the European agriculture commissioner and the trade commissioner to Japan,” Juncker said.
Trade Commissioner Cecilia Malmström and Agriculture Commissioner Phil Hogan will arrive on Friday (30 June) for talks with Japanese Foreign Minister Fumio Kishida.
Clinching a deal would be a victory for free-trade advocates after US President Donald Trump pulled the United States out of the Trans-Pacific Partnership this year, dealing a possibly fatal blow to the mooted 12-nation deal.
Juncker said he wanted the negotiations to be finished before Japanese Prime Minister Shinzo Abe holds talks with Juncker and EU President Donald Tusk in Brussels on July 6.
“The trade agreement with Japan, if it materialises, is important. And I am assuming that it will materialise,” Juncker said at a pre-G20 press conference with EU leaders in Berlin.
Posted by Japan's among competing visions of Silk Road on Thu, 29 Jun 2017 18:50 | #