ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan-EU trade pact to take effect Feb. 1

Europe signs off on huge deal spanning 40% of global trade

The Japan-EU EPA, approved by Europe on Wednesday, is expected to bring more European cheeses to Japan and more Japanese cars to Europe.
The Japan-EU trade deal is expected to bring more European cheese to Japan and more Japanese cars to Europe. (Photo by Wataru Ito)

BRUSSELS -- The European Union approved an economic partnership agreement with Japan on Wednesday, firming up a Feb. 1 launch for the massive free trade zone.

The European Parliament endorsed the agreement by majority vote at a regular meeting in Strasbourg, France, four days after Japan's legislature passed the pact. The deal will cover about 30% of the world's combined gross domestic product and around 40% of global trade.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more