RCEP to remove tariffs on 86% of Japan's exports to China

Tokyo scores major win with Beijing and Seoul's participation in free trade pact

20201114 Yokohama port

Containers are piled up at a port in Yokohama, Japan. For Japan, almost 90% of auto parts shipped to China will become tariff-free under the Regional Comprehensive Economic Partnership. © AP

TAKAKO GAKUTO, Nikkei staff writer

TOKYO -- Tariffs will likely be eliminated on 86% of industrial goods exported from Japan to China as a part of the Regional Comprehensive Economic Partnership to be signed on Sunday, Nikkei has learned, benefiting Japanese exporters such as auto parts suppliers.

The tariff elimination rate will significantly increase from the current 8% between Japan and China, countries without a bilateral free trade agreement.

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