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Participation of CLEPA at the 2nd EU-Japan EPA Forum in Milan

The 2nd EU-Japan EPA Forum will be held on May 16-17, 2019 Hotel Principe Di Savoia in Milan.

Sigrid de Vries, Secretary General of CLEPA, will brief the audience with insights on the EU-Japan ‘superhighway’ for trade and investment with the delegates during a Breakout Session dedicated to the Automotive and Supply Industry on May 16 at 13:45-14:45PM.

Panel participants include, Christian Seider, Vice President Automotive, NTT Data, Dr. Mair, Executive Board Member, The German Federation of Industries, Dr. Arabnia, Group CEO, President & CEO GeicoTaishika and Matt Harrison, Executive Vice President (tbc), Toyota.

 

EU-Japan EPA Forum Background

Japan is the EU’s second biggest trading partner in Asia after China. With the EU and Japan embarking on the largest free trade agreement, significant trade and investment opportunities will arise across key industries in two of the world’s most advanced economics once the Economic Partnership Agreement (EPA) enters into force by early 2019.

As a result of regulatory streamlining, the removal of technical trade barriers and the elimination of approximately 97 percent of import tariffs, the EPA is projected to more than double European exports to Japan from circa €80bn a year to over €180bn a year within a 10-year time frame, with a similar dramatic increase in Japanese exports to the EU going from €55bn to over €14.

 

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