TOKYO/LONDON -- The economic partnership agreement between Japan and the U.K. will maintain preferential tariffs for industrial products manufactured with components made in the European Union in a win for Japanese automakers, Nikkei has learned.
The two sides agreed to broaden rules-of-origin language to treat EU-sourced parts as the same as those made in the U.K. or Japan. This will apply to all finished industrial goods, including automobiles.
