Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.
In October 2019, the United States and Japan signed the U.S.-Japan Trade Agreement and the U.S.-Japan Digital Trade Agreement, which entered into force on January 1, 2020. The U.S.- Japan Trade agreement eliminates or reduces tariffs on approximately $7.2 billion in U.S. agricultural exports and the U.S.-Japan Digital Trade Agreement includes high-standard provisions that ensure data can be transferred across borders without restrictions, guarantee consumer privacy protections, promote adherence to common principles for addressing cyber security challenges, support effective use of encryption technologies, and boost digital trade.
See the U.S.-Japan Trade Agreement text and the Fact Sheets.
A list of Japan’s other concluded trade agreements and EPAs, as well as those being negotiated,
Notable agreements include Japan and the European Union (EU) EPA, which has been in force in February 2019. See here for a text of the agreement. In 2018, Japan and six other countries (Australia, Canada, Mexico, New Zealand, Singapore, Vietnam) signed and ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Four other countries (Brunei, Chile, Malaysia, Peru) are signatories but have not yet ratified the CPTPP.
Japan had also entered into economic partnership agreements (EPAs) with these 14 countries, plus ASEAN:
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Japan has held ongoing negotiations for a Regional Comprehensive Economic Partnership free trade agreement since 2012 with several countries, including:
- Australia
- ASEAN members
- China
- South Korea (Republic of Korea)
- New Zealand
For information on sector-specific agreements between the United States and Japan visit the Department of Commerce Office of Trade Agreements Negotiation and Compliance (TANC) website.