Economic Partnership Agreement (Japan-EU)
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Economic Partnership Agreement (Japan-EU)
The Japan-EU Economic Partnership Agreement (EPA, also called Japan-EU free trade agreement, JEFTA) is in force since 1 February 2019 after having been negotiated from 2013 to 2017. The EPA is the largest bilateral free trade agreement of the EU, covering 30 percent of world' gross domestic product (GDP) and 40 percent of global trade. Japan's prime minister at the time, Shinzō Abe, said the deal signified the creation of "the birth of the world's largest, free, industrialised economic zone". See also * UK–Japan Comprehensive Economic Partnership Agreement Links Full textof the EPA in English, French and German (EUR-Lex) in Japanese and English (Ministry of Foreign Affairs Japan) References Economy of Japan Foreign relations of Japan Foreign relations of the European Union Free trade agreements {{Japan-stub ...
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Trade Agreement
A trade agreement (also known as trade pact) is a wide-ranging taxes, tariff and trade treaty that often includes investment guarantees. It exists when two or more countries agree on terms that help them trade with each other. The most common trade agreements are of the preferential and free trade types, which are concluded in order to reduce (or eliminate) tariffs, quotas and other trade restrictions on items traded between the signatories. The logic of formal trade agreements is that they outline what is agreed upon and the punishments for deviation from the rules set in the agreement. Trade agreements therefore make misunderstandings less likely, and create confidence on both sides that cheating will be punished; this increases the likelihood of long-term cooperation. An international organization, such as the IMF, can further incentivize cooperation by monitoring compliance with agreements and reporting third countries of the violations. Monitoring by international agencie ...
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Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.468 million residents ; the city proper has a population of 13.99 million people. Located at the head of Tokyo Bay, the prefecture forms part of the Kantō region on the central coast of Honshu, Japan's largest island. Tokyo serves as Japan's economic center and is the seat of both the Japanese government and the Emperor of Japan. Originally a fishing village named Edo, the city became politically prominent in 1603, when it became the seat of the Tokugawa shogunate. By the mid-18th century, Edo was one of the most populous cities in the world with a population of over one million people. Following the Meiji Restoration of 1868, the imperial capital in Kyoto was moved to Edo, which was renamed "Tokyo" (). Tokyo was devastate ...
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Japan
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ...
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Spiegel Online
''Der Spiegel (online)'' is a German news website. Before the renaming in January 2020, the website's name was ''Spiegel Online'' (short ''SPON''). It was founded in 1994 as the online offshoot of the German news magazine, ''Der Spiegel'', with a staff of journalists working independently of the magazine. Today, it is the most frequently quoted online media product in Germany. ''Spiegel Online International'', a section featuring articles translated into English, was launched in autumn 2004. In 2019, its editorial office was merged with the one of the printed Spiegel and in 2020, the website was renamed accordingly. Company and editorial staff The news website ''Der Spiegel (online)'' is run by Der Spiegel GmbH & Co. KG (formerly Spiegel Online GmbH & Co. KG), itself a wholly owned subsidiary of Spiegel-Verlag. The editorial offices of the news website and the print magazine ''Der Spiegel'' were separate operations, that had their own offices, authors and content until January ...
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Shinzo Abe
Shinzo Abe ( ; ja, 安倍 晋三, Hepburn romanization, Hepburn: , ; 21 September 1954 – 8 July 2022) was a Japanese politician who served as Prime Minister of Japan and President of the Liberal Democratic Party (Japan), President of the Liberal Democratic Party (LDP) from 2006 to 2007 and again from 2012 to 2020. He was the List of prime ministers of Japan#Rank by length of total tenures, longest-serving prime minister in Japanese history. Abe also served as Chief Cabinet Secretary from 2005 to 2006 under Junichiro Koizumi and was briefly the opposition leader in 2012. Abe was born into a prominent political family in Tokyo and was the grandson of Prime Minister Nobusuke Kishi. After graduating from Seikei University and briefly attending the University of Southern California, Abe was elected to the House of Representatives (Japan), House of Representatives in the 1993 Japanese general election, 1993 election. Abe was appointed Chief Cabinet Secretary by Prime Minister Koizu ...
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Economy Of Japan
The economy of Japan is a highly developed social market economy, often referred to as an East Asian model. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). It is the world's second-largest developed economy. Japan is a member of both the G7 and G20. According to the World Bank, the country's per capita GDP (PPP) was at $40,193 (2020). Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates sharply. Accounting for these fluctuations through the use of the Atlas method, Japan is estimated to have a GDP per capita around $39,048. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top blue chip equities on the Japan Exchange Group, which is the world's fifth-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth-largest importer and the fou ...
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Foreign Relations Of Japan
The are handled by the Ministry of Foreign Affairs of Japan. Japan maintains diplomatic relations with every United Nations member state except for North Korea, in addition to UN observer states Holy See, as well as Kosovo, Cook Islands and Niue. Japanese foreign relations had earliest beginnings in 14th century and after their opening to the world in 1854 with the Convention of Kanagawa. Japan rapidly modernized and built a strong military. It was imperialistic seeking control of nearby areas—with major wars against China and Russia. It gained control of parts of China and Manchuria, as well as Korea and islands such as Taiwan and Okinawa. It lost in World War II and was stripped of all of its foreign conquests and possessions. See History of Japanese foreign relations. American general Douglas MacArthur, acting for the Allied powers, supervised occupied Japan 1945–51. Since occupation ended diplomatic policy has been based on close partnership with the United ...
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Foreign Relations Of The European Union
Although there has been a large degree of integration between European Union member states, foreign relations is still a largely intergovernmental matter, with the 27 members controlling their own relations to a large degree. However, with the Union holding more weight as a single bloc, there are at times attempts to speak with one voice, notably on trade and energy matters. The High Representative of the Union for Foreign Affairs and Security Policy personifies this role. Policy and actors The EU's foreign relations are dealt with either through the Common Foreign and Security Policy decided by the European Council, or the economic trade negotiations handled by the European Commission. The leading EU diplomat in both areas is the High Representative Josep Borrell. The council can issue ''negotiating directives'' (not to be confused with directives, which are legal acts) to the Commission giving parameters for trade negotiations. A limited amount of defence co-operation t ...
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