Two of largest countries in the world, Japan and the European Union is scheduled to make an agreement and sign a free trade deal on July 6, Thursday. As both nations expect for an unfavorable response when the United States deals with protectionism under the Trump administration. It was already confirmed on Tuesday that Japan’s Prime Minister Shinzo Abe will go to Brussels to meet with the leaders of EU institutions. The European Council stated that "Leaders are expected to announce a political agreement on the EU-Japan free trade agreement." This could be considered a brief and final settlement to iron out the entire complications between EU and Japan, the European officials further mentioned on Tuesday that there were still some major issues needed to resolve prior the EU-Japan summit on Thursday. Since Abe already confirmed his attendance, it only indicates his certainty about the agreement and willing to inscribe his signature as well as to put pressure towards trading negotiators in order to ensure partly an outline of the deal regarding the introduction on each other’s markets. And this includes the European farm produce and Japanese automobiles which are considered the most delicate areas.
TAUTAN CEPAT
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