Who Does Japan Have Free Trade Agreements With

The Japanese government is deeply convinced, based on historical experience and extensive economic data, that free trade is a source of economic growth. Many in the most advanced countries share the fear that free trade and immigration will lead to increased inequality. But protectionism is not the right solution to these legitimate concerns – they are domestic policy reforms. The right combination of free trade and internal reform can not only prevent the erosion of domestic industries, but also make industry more competitive, create more value in both manufacturing and non-manufacturing, and create new global value chains. 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. (1) Compliance with WTO agreements Three points must be considered. First, tariffs and other trade rules should not be higher or more restrictive than tariffs and other corresponding trade rules prior to the establishment of the free trade agreement. Second, they must eliminate tariffs and other trade rules that are restrictive for most of all trade. Third, they must complete the ATR within 10 years, at least in principle.

The reference to « the bulk of total trade » implies that countries must achieve a favourable standard of liberalization in terms of trade volume against international standards (based on the figures provided, the NAFTA average is 99%, while the average for the Free Trade Agreement between Mexico and the EU is 97%). Negotiating reports, impact assessments, meetings with EU Member States, the European Parliament and civil society Discover the current trade relationship between the EU and Japan (3) The possibility of using free trade agreements to help developing countries conclude free trade agreements with developing countries could also serve as a political instrument to promote economic development in developing countries , including in Africa. Japan is also launching a « Digital New Deal » to help workers prepare for new opportunities in the digital economy. This will encourage training and improvement programs for the information and communication environment.