Donald Tusk, the President of the European Council, and Jean-Claude Juncker, President of the European Comission, met with Shinzo Abe, the Prime Minister of Japan to agree a trade deal.
The details of the deal are currently unknown, although many suspect it would involve Japan’s automative industry, as the latter is one of the most prominent industries in the world.
Donald Trusk, Jean-Claude Juncker, and Shinzo Abe have released a statement regarding the deal, which reaffirms: “the strength of our [the EU and Japan’s] Strategic Partnership and to demonstrate our resolve to work together for peace, prosperity and a rules-based international order.
“The highly ambitious and comprehensive Economic Partnership Agreement will consolidate our solid and evolving trade and economic partnership and pave the way for the future.
It will bring our two economies closer by addressing issues related to market access for goods, services and investment, procurement including railways, as well as those related to non-tariff measures and the protection of geographical indications as well as intellectual property rights.”
The deal is yet to be finalised.