On Wednesday 5 July, European Trade Commissioner Cecilia Malmström and Japan’s head of diplomacy Fumio Kishida concluded an agreement in principle sealing a Japan-EU free trade agreement (JEFTA). This political compromise needs to be confirmed at the EU-Japan summit on Thursday 6 July. The two parties hope to complete the agreement definitively by the end of the year by coming to an agreement on the chapter on investment protection.
“We ironed out the few remaining differences in...