If interested in EU Politics,
Read “Pour une Renaissance européenne”
from Emmanuel Macron
and also check the “EU Fake News” List:
“History was made in Tokyo on 17 July 2018. At the 25th EU–Japan Summit, Prime Minister Shinzo Abe met Donald Tusk, president of the European Council, and Jean-Claude Juncker, president of the European Commission, for the long-awaited signing of the EU–Japan Economic Partnership Agreement (EPA). It is set to become the world’s largest bilateral agreement, covering 600 million people and nearly a third of global trade.
Formal negotiations began in 2013 and were finally concluded last December. The initial aims of the agreement were to solidify the economic relationship between the EU and Japan by removing tariffs, creating more transnational business opportunities and promoting job creation. However, in the political context of 2018, the EPA also represents the ongoing commitment of both the EU and Japan to free trade, fair trade and friendship.” (source: EURO Biz)
So, if you intend to do business with Japan in 2018 onwards, we recommend you to read one of our books:
“The Ultimate Survival Guide for Business in Japan” (http://www.gbmc.biz/survival-guide–e-book.html)
“Mastering Japan Business” (http://www.gbmc.biz/mastering-japan-business–e-book.html)
“Bridges to Japanese Business Etiquette” (http://www.gbmc.biz/bridges-to-japanese-business-etiquette–e-book.html)
More details about the agreement from:
Good news, at last !!!
” Japan and the European Union wrapped up negotiations Friday (Decembre 8, 2017) on a far-reaching economic partnership agreement that would encompass about 40% of the value of global trade. Japanese Prime Minister Shinzo Abe and European Commission President Jean-Claude Juncker affirmed the move by phone. The finalized pact, which the parties aim to sign next summer at the earliest and have take effect in 2019, would also cover about 30% of the world’s gross domestic product.” (Nikkei Asian Review)
More info from:
“Trade Commissioner Cecilia Malmström and Japanese Foreign Minister Taro Kono today announced the successful conclusion of the final discussions on the EU-Japan Economic Partnership Agreement (EPA). Building on the political agreement in principle reached during the EU-Japan Summit on 6 July 2017, negotiators from both sides have been tying up the last details in order to finish the legal text. This process is now finalised.”
(EU Commission Press Release, Decembre 8, 2017)
More info from:
Looking forward to a prosperous EU-Japan year 2018!!
The GBMC Team
GBMC’s article published in the Septembre 2017 issue (issue 50) of “The Shipping Network Magazine”, the official magazine of the Institute of Chartered Shipbrokers (see pages 12 and 13).
Content: Update on the status of the negotiations for the EU-Japan EPA (Economic Partnership Agreement) and Analyse of the impact of populism on a future deal.
Download the magazine (PDF file) from here: ICS – Shipping Network Magazine – 50 septembre 2017
“If we can work together effectively on the basis of open markets, our economies will gain, our businesses will gain, and our consumers will gain,” insisted EU Commissioner Elżbieta Bieńkowska in her speech at the EU-Japan Business Round Table in Tokyo to an audience that included Japanese Cabinet Ministers and businesspeople.
“The free trade agreement that we are negotiating will stimulate growth on both sides.
She noted that there are those who believe markets and borders should be shut, but pointed to the fact that this has not worked historically. If Japan and the EU are to move forward and grow economically, these voices of opposition must be proven wrong; and in order to do this, both entities must work closely together.” (EUROBIZ News)
Very well. Enough negotiations: When will a deal be signed?? Meanwhile, because of higher trade tariffs, Europeans companies are loosing ground (market shares) in Japan to US rivals and others!!
Read more from:
“In recent years, the French startup ecosystem has enjoyed incredible momentum, driven by a new generation of entrepreneurs, investors, engineers, designers and many other talented individuals. France has been called a new “Startup Republic”, dotted with thriving hubs and talent that are vehicles for a robust entrepreneurial mindset.
This domestic momentum has a name – “French Tech” – and French startups are rallying around this emblematic moniker. The ecosystem is developing very quickly and there is no doubt that France has now reached a tipping point.
“The UK would be “less attractive” to Japanese investors if it votes to leave the European Union, Japan’s prime minister has said. Shinzo Abe said Japan’s business sector saw the UK as a “gateway” to Europe. Japan would rather negotiate a trade deal with the EU as a block, rather than with “individual states” in Europe. The UK will go to the polls in a referendum on its EU membership on 23 June.” (BBC News)
UK leaving the EU would probably mean increased Japanese (and US) investments in Continental Europe in the future. Is it really what UK citizens want? What do you think about this EU Referendum in UK?
Read more from: http://www.bbc.com/news/uk-politics-eu-referendum-36215146