Skip to comments.Japan, EU agree to start free-trade negotiations
Posted on 03/25/2013 3:07:42 PM PDT by Olog-hai
Japan and the European Union agreed Monday to start negotiations for a free-trade pact encompassing nations that account for nearly a third of the world economy.
Japanese Prime Minister Shinzo Abe, European Council President Herman Van Rompuy and European Commission President José Manuel Barroso spoke by telephone for 30 minutes late Monday, a Japanese government spokesman said. A Japan-EU summit set to begin Monday in Tokyo was shelved because of the financial crisis in Cyprus.
The leaders agreed to launch the negotiations toward a deep and comprehensive free-trade deal, with the first meeting set for next month, both sides said in a joint statement. The place for that meeting is not yet decided, Deputy Chief Cabinet Secretary Katsunobu Kato told reporters.
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