Japan is in the works of inking a FTA (Free Trade Agreement) with Switzerland. This agreement will be Japan's first with a state in Europe. This is big news because Japan has had a similar agreement with states within the EU on the table that went through the floor. Though Switzerland is not a member of the EU, it is in Central Europe or "At the center of Europe". This agreement could lead to larger investments in the European market in the near future if all goes as planned with Switzerland. Though the enforcement was celebrated on Sept. 1, 2009, not much has happened within this FTA as of right now. Japan's Prime Minister Hatoyama, Yukio hopes that due to the location of Switzerland, the Japanese market within the state can branch out and not only have a connection, but also have great success with neighboring countries (Something that Japan hasn't done since it's alliance with Germany during WWII). For more information please check out Shinya Ajima's article for the Japan Times Online @ http://search.japantimes.co.jp/cgi-bin/nn20091015f2.html
By: Ricky Brown
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment