ISDS Case Map
Japan
Trade talks with the EU remain uncertain, with negotiations focused on issues like fishing that have little bearing for the City. But in the meantime, Japan has given “global Britain” — and particularly the City — something to celebrate.
Praising the agreement as a "historic moment," both countries are eager to strengthen their economic ties. Tokyo is also hoping the UK will play a stronger role in Indo-Pacific security to contain Chinese expansion.
India’s pullout from the RCEP, like the prior U.S. withdrawal from the Trans-Pacific Partnership, has made a situation for Japan.
Bangladesh will request Japan to commence a joint feasibility study on the signing of a free trade area agreement to help boost bilateral trade, officials said.
Ministers from 15 Asia-Pacific countries negotiating a sprawling free trade agreement urged India on Wednesday to return to the talks as they are aiming to sign a deal by the end of the year, a Japanese official said.
The signing of the agreement will reportedly take place on October 23. The Japanese parliament will then have until year-end to ratify it.
Tokyo has said it is aiming for the deal to come into force on Jan. 1, after reaching a broad trade agreement with Britain on Sept. 11.
The economic partnership agreement between Japan and the UK will maintain preferential tariffs for industrial products manufactured with components made in the European Union in a win for Japanese automakers.
The two countries are negotiating the signing of a reciprocal investment protection agreement.
With India, Australia and Japan intent on pursuing their arrangement in parallel, the road looks relatively clear for an RCEP accord in November. Even if there are still a few points of contention, the 15 countries may sign an "agreement in principle".
