Win-win

The €147 billion in shared gains from an EU-Japan economic integration agreement

Until eight years ago, Japan was the second-biggest foreign market for goods manufactured in the European Union. Burgeoning trade with the emerging economies of China, Russia and Turkey has since pushed Japan into fifth place, but that alone doesn’t explain Japan’s slide down the trade rankings. Rather, its decades’ old regulatory barriers are still stunting trade between the world’s largest and third-large... Read more