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Economy

Japan-EU trade pact clears hurdle on road to Feb. 1 start

Tokyo seeks stronger hand in upcoming US negotiations

European wines on display at a Tokyo store. Wine, car parts and agricultural goods are among the products that will face lower tariffs through the Japan-EU Economic Partnership Agreement.
European wines on display at a Tokyo store. Wine, car parts and agricultural goods are among the products that will have lower tariffs through the Japan-EU Economic Partnership Agreement.

TOKYO -- Japan's parliament approved an economic partnership agreement with the European Union early Saturday, keeping one of the world's biggest free trade zones on course to take effect Feb. 1.

Approval by the European Council and European Parliament are the only remaining hurdles to the agreement, which will start on the first day of the second month after completion of the ratification process. European approval is expected sometime this month.

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