Uk-Japan Free Trade Agreement Pdf
10. November 2021
The UK-Japan Free Trade Agreement PDF: Everything You Need to Know
On September 11, 2020, the UK and Japan announced the finalization of a historic free trade agreement (FTA). This agreement is particularly important as it is the first major trade deal secured by the UK since leaving the European Union earlier this year. The UK-Japan FTA has been seen as a crucial step towards securing the UK`s economic future post-Brexit, and as such, it has been met with much interest and anticipation.
If you`re looking to learn more about the UK-Japan FTA, then you`ve come to the right place. In this article, we`ll explore all you need to know about this agreement, including what it entails and where you can find the UK-Japan Free Trade Agreement PDF.
What is the UK-Japan Free Trade Agreement?
In brief, the UK-Japan FTA is a comprehensive agreement that aims to remove barriers to trade between the UK and Japan. The FTA will cover a wide range of areas, including goods and services, investment, intellectual property, and digital trade. By reducing tariffs and facilitating easier trade between the two countries, the UK and Japan hope to strengthen their commercial ties and create new opportunities for businesses.
According to the UK government, the FTA is expected to increase trade between the two countries by up to £15.2 billion ($19.2 billion) and lead to a £1.5 billion ($1.9 billion) increase in UK workers` wages. The FTA will also help to safeguard existing jobs and create new ones by removing barriers to trade in key sectors such as tech, manufacturing, and agriculture.
What does the UK-Japan Free Trade Agreement PDF contain?
The UK-Japan Free Trade Agreement PDF is a comprehensive document that outlines all the details of the FTA. The document is broken down into various chapters, each covering a different area of the agreement. The following is a brief overview of what you can expect to find in the UK-Japan Free Trade Agreement PDF:
– Chapter One: General Provisions – This chapter outlines the objectives of the FTA, the definitions used throughout the agreement, and the scope of the FTA.
– Chapter Two: Trade in Goods – This chapter covers the rules of origin, customs procedures, and tariff elimination schedules for goods traded between the UK and Japan.
– Chapter Three: Sanitary and Phytosanitary Measures – This chapter addresses the regulations related to food safety and animal and plant health between the UK and Japan.
– Chapter Four: Technical Barriers to Trade – This chapter covers the technical regulations and standards for goods traded between the UK and Japan.
– Chapter Five: Trade in Services and Investment – This chapter addresses the rules and regulations related to trade in services and investment between the UK and Japan.
– Chapter Six: Digital Trade – This chapter covers the regulations related to e-commerce, data protection, and other digital trade matters.
– Chapter Seven: Intellectual Property – This chapter addresses the protections and regulations related to intellectual property between the UK and Japan.
– Chapter Eight: Government Procurement – This chapter covers the regulations related to government procurement between the UK and Japan.
– Chapter Nine: Competition – This chapter addresses the regulations related to anti-competitive practices and mergers and acquisitions between the UK and Japan.
– Chapter Ten: State-Owned Enterprises – This chapter covers the regulations related to state-owned enterprises between the UK and Japan.
– Chapter Eleven: Dispute Settlement – This chapter outlines the dispute settlement procedures and mechanisms for the FTA.
– Chapter Twelve: Final Provisions – This chapter covers miscellaneous provisions related to the FTA, such as its duration and amendments.
Where can I find the UK-Japan Free Trade Agreement PDF?
The UK and Japanese governments have published the UK-Japan Free Trade Agreement PDF on their respective websites. You can find the UK version of the FTA on the UK government`s website, while the Japanese version can be found on the Ministry of Foreign Affairs of Japan`s website. Both versions are available in English and Japanese.
In conclusion, the UK-Japan Free Trade Agreement is a significant development in international trade, particularly for the UK as it seeks to establish new trade relationships post-Brexit. The agreement covers a wide range of areas and is expected to bring numerous economic benefits to both countries. If you`re interested in reading the UK-Japan Free Trade Agreement PDF, you can easily access it online via the UK and Japanese government websites.
