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Economy

Japan, EU want trade pact in force in 2019

Leaders hail deeper partnership, look to domestic policies needed for deal

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From left to right, European Council President Donald Tusk, Japanese Prime Minister Shinzo Abe and European Commission President Jean-Claude Juncker (Pool photo)   © Kyodo

BRUSSELS -- Japan and the European Union aim to bring a new, wide-ranging trade pact into effect in 2019, eliminating or slashing tariffs on the bulk of goods and turning global trade away from the protectionist tide.

Japanese Prime Minister Shinzo Abe, European Council President Donald Tusk and European Commission President Jean-Claude Juncker gave their blessing to a broad economic partnership agreement at a summit here Thursday.

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