The Japan and the European Union (EU) have formally agreed on the outlines of a free trade deal. The two crucial sectors affected will be the automotive sector for the EU and the agri-food sector for Japan. The deal, which has already been agreed on in-principle, will take about 15 years to take effect.
This Japan-EU trade deal is being touted as a strategic partnership that will boost co-operation not only in trade but also in other areas of policy such as climate change reforms.
What will be the global implications of the Japan-EU trade deal?
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