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EU Sees ‘Renewed Sense of Urgency’ in Trade Talks With Japan

  • Europe’s trade chief urges deal amid ‘rising protectionism’
  • Accord with Japan ‘would send powerful signal,’ Malmstrom says

The European Union and Japan are showing renewed urgency in talks on a free-trade agreement, with EU Trade Commissioner Cecilia Malmstrom urging both sides to meet a year-end deadline in the face of increasing protectionist sentiment.

Malmstrom said on Tuesday that an EU-Japan trade deal could remove more than 1 billion euros ($1.06 billion) a year in tariffs between the two partners.