The agreement also allows for greater reciprocity in access to public procurement and opens up new opportunities for many European companies, particularly in the rail sector. In order to raise public awareness of the opportunities offered by this agreement and to help EU SMEs use them, the EU-Japan Centre has set up a CEPOL assistance service to help and help EU SMEs find relevant information. The EPO Helpdesk responds to requests to the EPO, organizes webinars and publishes fact sheets with a fact sheet and/or a practical guide on a particular topic or sector. This agreement contains the main European principles of the right to regulation and high standards for environmental protection and work. This agreement opens up important economic opportunities and creates an area of nearly 600 million people representing nearly 30% of the world`s GDP. On 8 and 9 March, the Japan Foreign Trade Organisation (JETRO) organised a seminar in Brussels and London, the Eu-Japan Business Seminar – Future visions of EU-Japan partnerships for economic growth. Intellectuals from science, economics and governments in Europe and Japan gave lectures on the EU-Japan Agreement on Economic Integration (EIS). [The agreement is also called the EU-Japan Economic Partnership Agreement (EPA) or Free Trade Agreement (EPA). This agreement is particularly beneficial for French farmers and exporters: Japan is France`s sixth largest trading partner outside the European Union.
Around 8,000 French companies are already exporting there, many for the first time exporters, and selling more than 6 billion euros worth of goods. The Japanese market offers considerable potential for French products due to its size and the high standards of its consumers. On 17 July 2018, the European Union and Japan signed an Economic Partnership Agreement (EPA), the largest trade agreement ever negotiated by the EU, which will create an open trade area of more than 600 million people. The agreement came into force on Friday, February 1, 2019. The EPA BETWEEN the EU and Japan should boost trade in goods and services and create many opportunities for EU SMEs: tariffs on more than 90% of Japan`s imports from the EU will be abolished as soon as the EPA comes into force.