EU Expects Political Agreement on Japan Trade Accord This Week
- EU trade negotiators says EU, Japan reached ‘basic agreement’
- Abe, Juncker, Tusk to announce accord in Brussels on July 6
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The European Union and Japan are close to reaching political approval on a free-trade accord, which would unite two regions that make up more than a quarter of the world’s economic output.
“We hope to announce on Thursday that we have a political agreement,” EU Trade Commissioner Cecilia Malmstrom told reporters in Madrid on Monday. “The basic agreement is there.”