EU reaches free trade deal with Japan

  • European Union has formally agreed with Japan on a free trade deal. As per the agreement it would now be possible to trade in goods without any tariff related barrier between what can be considered two of the biggest economic areas of the world. Right now the specific details of the deal are not known and it might take some time to work out a full agreement as such. However, Japanese cars and farming equipment used in EU are expected to be important parts of the deal.

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