Japan-EU agreement goods news for Italian shoes
14/12/2018
A vote at the European Parliament in Strasbourg on December 12 approved an economic partnership agreement between the European Union and Japan.
Once in force, this new agreement will create a trade zone of 600 million people with one-third of global gross domestic product and about 40% of global trade. It will eventually remove almost all customs duties on goods shipped between Japan and the European Union.
Assocalzaturifici said that tariffs on high-end Italian shoes shipping to Japan would reduce from 30% at the moment to 21% when the economic partnership agreement comes into force but that these tariffs will be eliminated over the course of ten years.
Image: Josephine Shoes
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