The EU - Japan Economic Partnership Agreement
This report independently assesses the EU-Japan Economic Partnership Agreement. We find that the EPA establishes an ambitious framework to further liberalise and better organise trade, covering goods, services, intellectual property and investment, tariff- and non-tariff measures, and regulatory cooperation. Given its depth and breadth, and that it is unprecedented in including provisions on corporate governance, SMEs, and climate change, the EPA is set to become a benchmark for future trade agreements. Joining two open economies with high income levels and regulatory standards, the agreement is expected to generate benefits by boosting trade within sectors, minimising sectoral relocation and negative employment effects. Agri-food, textiles and leather products are where the EU can expect to make the greatest gains. Furthermore, the EPA will boost the EU’s economic presence and political relevance in the Asia-Pacific area. Going beyond its economic benefits, the agreement also has significant non-economic implications. Reinforced cooperation will enhance the ability of both parties to shape the course of global developments in a manner that better reflects their shared interests and values, such as their commitment to a rule-based global trade system and the fight against global warming.
Studio
Autore esterno
Sonali CHOWDHRY, Marie Curie Visiting Fellow; André SAPIR, Senior Fellow; Alessio TERZI, Affiliate Fellow
Informazioni sul documento
Tipo di pubblicazione
Settore di intervento
Parole chiave
- accesso al mercato
- accordo commerciale (UE)
- accordo di libero scambio
- AMBIENTE
- analisi economica
- Asia-Oceania
- commercio
- commercio internazionale
- conseguenza economica
- contratto pubblico
- costruzione europea
- direzione d'azienda
- ECONOMIA
- FINANZE
- GEOGRAFIA
- geografia economica
- Giappone
- IMPRESA E CONCORRENZA
- investimenti e finanziamenti
- investimento estero
- liberalizzazione degli scambi
- organizzazione aziendale
- politica commerciale
- politica dell'ambiente
- politica in materia di cambiamenti climatici
- SCAMBI ECONOMICI E COMMERCIALI
- scambio commerciale
- scambio per paese
- studio d'impatto
- UNIONE EUROPEA