List of Japan Free Trade Agreements

Japan has been one of the most prosperous economies in Asia, with exports accounting for a significant chunk of its GDP. As a result, Japan has signed numerous free trade agreements (FTAs) with countries around the world to boost its trade and economic growth. In this article, we will take a look at the list of Japan`s free trade agreements.

Japan-Australia Economic Partnership Agreement (JAEPA)

The Japan-Australia Economic Partnership Agreement (JAEPA) came into effect in 2015. It was designed to eliminate tariffs on a wide range of goods, including agricultural products such as beef, dairy, and wine. The agreement also covers services, investment, and intellectual property rights.

Japan-EU Economic Partnership Agreement (JEEPA)

The Japan-EU Economic Partnership Agreement (JEEPA) was signed in 2018, and it aims to reduce barriers to trade between Japan and the European Union. The agreement eliminates tariffs on over 90% of goods traded between Japan and the EU, and it covers services, investment, and intellectual property rights.

Japan-Canada Economic Partnership Agreement (JCEPA)

The Japan-Canada Economic Partnership Agreement (JCEPA) was signed in 2012, and it came into effect in 2019. The agreement reduces tariffs on a wide range of goods, including agricultural products such as pork and beef. It also covers services, investment, and intellectual property rights.

Japan-Mexico Economic Partnership Agreement (JMEPA)

The Japan-Mexico Economic Partnership Agreement (JMEPA) was signed in 2004 and came into effect in 2005. The agreement covers goods, services, investment, and intellectual property rights. Under the agreement, Japan and Mexico have eliminated tariffs on a wide range of goods, including automobiles, electronics, and agricultural products.

Japan-Switzerland Economic Partnership Agreement (JSEPA)

The Japan-Switzerland Economic Partnership Agreement (JSEPA) was signed in 2009 and came into effect in 2010. The agreement covers goods, services, investment, and intellectual property rights. Under the agreement, Japan and Switzerland have eliminated tariffs on a wide range of goods, including industrial products, agricultural products, and processed foods.

Conclusion

Japan`s free trade agreements have significantly contributed to its economic growth and prosperity. These agreements have helped in reducing trade barriers, increasing trade and investment, and promoting economic cooperation. With the ongoing trend of globalization, it is expected that Japan will continue to sign more free trade agreements with countries around the world.

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