Jefta Trade Agreement

The negotiations are over. At present, only ratifications are still pending. The trade regime is expected to come into force at the end of 2019/early 2020. The outlook for British exporters is much less secure. If the UK leaves the EU without a deal at the end of March, it will leave the new free trade area. Australia is one of the fastest growing industrialized countries and recently signed the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) with ten other Pacific Pacific countries. The future EU-Australia agreement will create the same conditions for European companies as for companies in countries with which Australia has already concluded trade agreements. Decisive results have been achieved in the area of non-tariff barriers, particularly in the automotive sector (recognition of EEC-UN standards, inclusion of commercial vehicles). It was also important to put in place mechanisms that would be effective in preventing or sanctioning the creation of new non-tariff barriers to trade (the « snap back clause »). With 45 geographical indications, Italy has the highest number of protected geographical indications in Japan (but the list is likely to increase in the future). This could well boost Italian food exports to Japan, which ranks tenth in Italian exports. However, Italian food industry associations deplore the lack of efforts to combat « Italian-sounding » names. This phenomenon consists mainly of using names, colors and images that look like real Italian products, but have nothing to do with quality, culture or tradition of origin.

An example is the famous Parmigiano Reggiano, protected as GI, often imitated outside Italy under the name of Parmesan and with labels that recall Italian traditions and images. In 2008, the European Court of Justice clarified that the name Parmesan for cheeses that do not comply with the specifications of the IG « Parmigiano Reggiano » constitutes a violation of this GI (C-132/05 case). On the other hand, under the JEFTA, everyone has the right to use and register a mark in Japan that contains the term Parmesan cheese for cheese based on or consisting of cheese. The JEFTA will not apply to the UK if there is a Brexit without a deal, since the UK is not an independent part of the agreement, only as part of the EU. Discover the current trade relationship between the EU and Japan On 2 July 2020, the French government announced that it would not ratify the agreement for the sake of national agriculture. Negotiations are expected to be concluded by the end of 2018. So far, South American markets have been relatively closed and have high barriers to entry. The proposed agreement would further open up a market for local exporters totalling a total of EUR 2.6 billion. The negotiations are over. The agreement could enter into force in 2019. Source: www.welt.de/Freihandelsabkommen-Jefta-Der-Wegfall-der-Handelsgrenzen-ist-ein-guter-Zeitpunkt On 29 June, EU Trade Commissioner Cecilia Malmstrom announced the agreement during negotiations with Mercosur countries.

She stressed that this was the largest trade agreement ever concluded by the EU and that it presented « enormous opportunities » and brought together « two continents ». This and its EU agreement mean that Japan has already entered a free trade area of one billion people in 2019. The Japanese government has promised to negotiate an ambitious new free trade agreement with London, but only when future relations between Britain and the EU are set. The free trade agreement between the EU and Japan also strengthens free trade as a whole and sends a strong message against protectionism. The federal government supports the EU`s ambition to use modern and ambitious free trade agreements to develop global trade policy and set high standards, including for sustainable trade.

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