1、 https:/crsreports.congress.gov Updated June 26, 2020EU-Japan FTA: Implications for U.S. Trade PolicyOverview In July 2018, the European Union (EU) and Japan signed a free trade agreement (FTA) after 18 rounds of talks starting in 2013. The deal entered into force in February 2019. The EU and Japan
2、account for about 40% of global trade and 30% of global GDP. Japanese and EU officials respectively touted the FTA as the “worlds largest, free, industrialized economic zone” and “most important bilateral trade agreement ever concluded by the EU.” Then EU Trade Commissioner Cecelia Malmstrm framed i
3、t in strategic terms as a “powerful signal” to the world that Japan and the EU stand together “to defend free and fair and sustainable trade in a climate where that is not taken for granted.” The FTA talks concluded at a time of uncertainty for regional trade integration efforts. After abandoning Ob
4、ama-era initiatives, the Trans-Pacific Partnership (TPP)that included Japanand the U.S.-EU Transatlantic Trade and Investment Partnership (TTIP), the Trump Administration notified Congress of new separate trade negotiations with Japan and the EU (and the United Kingdom, UK). The new talks were in pa
