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EU-Japan trade talks: progress in second round

11:25 AM MDT | July 3, 2013 | Michael Ravenscroft

The European Union and Japan completed the second round of negotiations for a free trade agreement (FTA) today, just two months after the first round, the European Commission says. The aim is for a comprehensive agreement on goods, services, and investment, eliminating tariffs and nontariff barriers, and covering other trade-related topics such as public procurement, competition, sustainable development, and regulatory issues. An FTA between the European Union and Japan is expected to boost EU GDP by 0.6–0.8%, creating 400,000 jobs. EU exports to Japan...

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