Japan and the EU's EPA = Economic Partnership Agreement negotiations began more than 4 years ago, with a population of more than 630 million, aiming to create a massive market that accounts for nearly 30% of the world by GDP, Last December, it was concluded.

Kataneen, vice chairman of the European Commission, the executive body of the EU, told a press conference in Strasbourg, France, on 18th, announced that it adopted the final draft text of the EPA with Japan and presented it to the Member States .

In the adopted document draft, it is officially decided to separately discuss what kind of procedures to solve in case of a dispute over investment, where the opinions of Japan and the EU are different I decided to rush the EPA into effect as soon as possible.

According to the stakeholders, the draft text will be signed by the heads of Japan and the EU in July, after official approval by the EU member states, after that, they will enter the ratification process by both parties It will be.

The EU side said it could ratify in the meantime if it was going well and showed that it is possible for the UK to come into effect by March next year when the UK leaves the EU so that it will not be forced to review the agreement .

As for the world trade, Japan is further strengthening its protectionist attitude, such as deciding import restrictions on steel and aluminum products, and Japan and the EU are in a position to promote free trade through the early entry into force of EPA I would like to show it again.