Japan and the European Union reached a broad accord in their four-year-old trade negotiations on Wednesday, set to create a free trade zone that covers 40 pct of trade around the globe.<\/b>
\nJapan and the European Union reached a broad accord in their four-year-old trade negotiations on Wednesday, set to create a free trade zone that covers 40 pct of trade around the globe.
Japanese Foreign Minister Fumio Kishida and European Commissioner for Trade Cecilia Malmstroem, meeting in Brussels, resolved differences over exports of European cheese to Japan.
„We confirmed the achievement of a broad accord, “ Kishida told reporters after the meeting.
„We’ve reached political agreement at Ministerial level, “ Malmstroem said on Twitter.
The broad accord will be announced in Brussels on Thursday when Japanese Prime Minister Shinzo Abe holds talks with European Council President Donald Tusk and European Commission President Jean-Claude Juncker.
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