Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-329-250"
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"en.20121025.26.4-329-250"2
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In my view, the all-important question for the EU is a multilateral enhancement of economic and trade relations with Japan. Today’s data leave a lot to be desired: in 2011 the total amount of bilateral trade in goods between the EU and Japan was worth only EUR 116.4 billion, in contrast to EUR 444.7 billion for EU-USA, EUR 428.3 billion for EU-China and EUR 306.6 billion for EU-Russia. I am convinced that an EU-Japan free trade agreement could bring benefits for both economies. We would also like our partners in Japan to ensure that non-tariff barriers are effectively removed, in order to do away with the significant percentage of barriers making trade between the EU and Japan difficult. I am thinking here of non-tariff trade barriers in the automotive sector, such as the regulations relating to development planning and other restrictions that do not promote competition, and the procedure where electric and hybrid vehicles are concerned."@en1
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