politics

EU confident of Japan free trade deal by year-end

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This ought to be exciting for everyone else except the local businesses that stand to be threatened by the abolishment of import tariffs, there are hard and difficult times ahead for them (Local businesses) I'm afraid.

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When in Europe, on the continent it is unusual to see a Japanese car. The Japanese may make a deal but I doubt that they will persuade the richer countries of the EU to buy their vehicles.....

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until now all the trade deals were implemented to put the pressure on local labor and to facilitate the movement of large corporations to the countries with cheap labor. This in turn has created stage for the banks to take almost absolute control of world economy and they are doing a lousy job. in the very end the economy growth should be only proportional to the population growth and its buying power. But the buying power can't be increased by subsidies from the government since the government has no money of its own but rather prints the money against our taxes to be collected in the future. It is a nonstopable slide down in to the abyss. Banks have no money of their own, they get it from the government, government has no money so they counterfeit money against future tax extortion on our work, than the banks loan us that money, our money to pay of the burden of debts they enforced on us. And free trade is a highway that helps to loosen our control of our lives. What Japanese and other western countries consumers should take seriously is the philosophy of saving and cutting down on luxuries and unnecessary consumption of mostly useless products and consuming more of better quality linger lasting domestic necessities.

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Doesn't Japanese dairy have World Heritage status? dairy, beef , pork, rice , vegetables almost anything that grows from the ground is uniquely Japanese and part of their cultural heritage and can't be included, oops hold on!

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I heard South Korea signed a favourable trade deal with the EU about two years ago, so this is probably Japan playing catch up with that, especially for the car and electronics manufacturers. I think the SK deal is zero tariffs, so it is "free trade", at least in theory.

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Well Brian, I'm not gonna junk you, but Gorgonzola pizza or pasta is the bomb!

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@ Alberto Yagi

Let me guess. The deal will be 500 pages and the exceptions will be in 2100 pages (as usual).

....and the endless battles in the international court ... ala Canada and the US hitherto.

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all of those smelly cheeses like camembert cheese, stilton thats full of blue bacteria, wants leaving IN France or the UK, needs dumping in the ocean on the way to Japan. I just know I am going to be thumbs down on this, sorry folks,

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The EU was designed to protect EU countries from non-EU countries like Japan. Why would e.g. the UK continue to contribute 11.3 billion euros a year to be part of the EU if a country like Japan can enter a free-trade agreement without making any such contributions? The Germans pay even more. Why would they want Japan to have the same trade advantages in the EU as Germany does, without any charge? The Japanese will protect all their politically-sensitive industries, particularly farming and use a massive range of non-tariff barriers at all times, same as usual. So this will be a trade agreement, touted incorrectly as a free-trade agreement, and probably with nothing like the range of TPP, which is also not a genuine free-trade agreement.

http://www.theguardian.com/news/datablog/2012/nov/22/eu-budget-spending-contributions-european-union

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MoonrakerMAY. 04, 2016 - 08:26AM JST Great! Stilton and even decent cheddar at more affordable prices. Not if the UK votes to leave the EU in the referendum next month.

No problem; Japan simply does a separate agreement with the UK!

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@Yubaru

I wonder how the folks who are against the TPP will come out about this deal.

What is your take?

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As long as it's a free trade deal, and not an oppressive state "security" and insider's deal pretending to be a free-trade deal (like the TPP), I'm for it.

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I live in hope with Moonraker on the Stilton.

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MoonrakerMAY. 04, 2016 - 08:26AM JST Great! Stilton and even decent cheddar at more affordable prices.

Not if the UK votes to leave the EU in the referendum next month.

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Let me guess. The deal will be 500 pages and the exceptions will be in 2100 pages (as usual).

I think it should be a good deal dimce both territories are fairly similar economically.

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Doesn't Japanese dairy have World Heritage status?

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Let me guess - everything but dairy will be included?

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Great! Roquefort and Stilton and even decent cheddar at more affordable prices. Or am I being too optimistic? Special pleading for that long tradition of Japanese dairy probably calls into question this as a "free trade" deal.

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Interesting, I wonder how the folks who are against the TPP will come out about this deal.

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