The massive EU-Japan trade agreement, which has been winding through negotiations for four years, is now heading off to the EU’s and Japan’s respective parliaments for ratification, which is expected to go smoothly. Under the confines of the trade agreement, Japan is set to drop 94% of trade tariffs against the EU, while the EU will be seeing an eventual elimination of 99% on imports from Japan. The process is expected to take shape over time, with the EU set to abolish tariffs on Japanese autos by the eighth year following ratification, as an example. The EU and Japan will also be co-operating on standard-setting and regulation creation looking forward, with the two sides set to share responsibilities for overseeing trade after the trade barriers are finally removed. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/GBP Technical Analysis: price making bullish tracks above bearish triangle resistance FX Street 5 years The massive EU-Japan trade agreement, which has been winding through negotiations for four years, is now heading off to the EU's and Japan's respective parliaments for ratification, which is expected to go smoothly. Under the confines of the trade agreement, Japan is set to drop 94% of trade tariffs against the EU, while the EU will be seeing an eventual elimination of 99% on imports from Japan. The process is expected to take shape over time, with the EU set to abolish tariffs on Japanese autos by the eighth year following ratification, as an example. The EU and Japan will… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.